YEARLY HIGH
5.6997 NGN
YEARLY LOW
4.8884 NGN
YEARLY AVERAGE
5.2959 NGN

2018 BTN to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BTN to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 5.6997. Conversely, the yearly low was recorded on October 9, dropping to 4.8884.

This high-to-low spread represents a total annual volatility of 0.8113 NGN. From a start-to-finish perspective, comparing the January average rate of 5.6602 to the December average rate of 5.1532, the exchange rate registered a net change of -8.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 5.6997 was down 7.98% compared to the 2017 peak of 6.1941, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BTN based on timing:

Yearly Peak High 28,498 NGN
2017 Average 25,670 NGN
Yearly Trough Low 24,442 NGN
Transaction Impact: A difference of 4,056.56 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

5.7326
4.8646
JanuMarcMayJulySeptNove

BTN to NGN Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 5.4888, compared to 5.1030 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3858 points.

H1 Avg (Jan–Jun) 5.4888
H2 Avg (Jul–Dec) 5.1030

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.2823 NGN (High: 5.2268 / Low: 4.9444). On the other end, March was the most stable month, with a tight range of 0.0379 NGN (High: 5.5578 / Low: 5.5199).

November Spread (Volatile) ±0.2823
March Spread (Stable) ±0.0379

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.1662 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1662

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 5.6602) against the same month in 2017 (average: 4.5985), the exchange rate shifted by +1.0617 (+23.09%).

2018 Avg (January) 5.6602
2017 Avg (January) 4.5985

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.6997 5.6151 5.6602
February 5.6529 5.5387 5.6000
March 5.5578 5.5199 5.5384
April 5.5452 5.3812 5.4805
May 5.4191 5.2707 5.3370
June 5.3772 5.2359 5.3164
July 5.2770 5.2237 5.2514
August 5.2756 5.1046 5.1913
September 5.1046 4.9902 5.0251
October 4.9931 4.8884 4.9369
November 5.2268 4.9444 5.0600
December 5.2283 5.0464 5.1532