YEARLY HIGH
39.1123 NGN
YEARLY LOW
33.9071 NGN
YEARLY AVERAGE
36.3993 NGN

2021 BWP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BWP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 39.1123. Conversely, the yearly low was recorded on March 8, dropping to 33.9071.

This high-to-low spread represents a total annual volatility of 5.2052 NGN. From a start-to-finish perspective, comparing the January average rate of 35.3453 to the December average rate of 35.0706, the exchange rate registered a net change of -0.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 39.1123 was up 7.11% compared to the 2020 peak of 36.5144, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 195,562 NGN
2020 Average 166,272 NGN
Yearly Trough Low 169,536 NGN
Transaction Impact: A difference of 26,025.77 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

38.7117
34.7396
JanuMarcMayJulySeptNove

BWP 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: JanтАУJun) was 36.3537, compared to 36.4448 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0911 points.

H1 Avg (JanтАУJun) 36.3537
H2 Avg (JulтАУDec) 36.4448

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 4.0064 NGN (High: 38.8979 / Low: 34.8915). On the other end, December was the most stable month, with a tight range of 0.5801 NGN (High: 35.3932 / Low: 34.8131).

May Spread (Volatile) ┬▒4.0064
December Spread (Stable) ┬▒0.5801

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 1.0010 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 38.3807) against the same month in 2020 (average: 33.1004), the exchange rate shifted by +5.2802 (+15.95%).

2021 Avg (June) 38.3807
2020 Avg (June) 33.1004

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 36.7218 34.4927 35.3453
February 38.0040 34.6351 35.7918
March 37.5039 33.9071 35.1121
April 37.9421 34.5520 35.8693
May 38.8979 34.8915 37.6232
June 39.1123 37.6547 38.3807
July 37.9824 36.9068 37.3797
August 37.6268 36.2611 36.9460
September 37.7303 36.2692 37.1711
October 36.9054 36.0382 36.5364
November 36.3684 34.7358 35.5648
December 35.3932 34.8131 35.0706