YEARLY HIGH
0.2765 BDT
YEARLY LOW
0.2292 BDT
YEARLY AVERAGE
0.2346 BDT

2019 NGN to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.2765. Conversely, the yearly low was recorded on August 25, dropping to 0.2292.

This high-to-low spread represents a total annual volatility of 0.0473 BDT. From a start-to-finish perspective, comparing the January average rate of 0.2307 to the December average rate of 0.2341, the exchange rate registered a net change of 1.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.2765 was up 17.31% compared to the 2018 peak of 0.2357, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 276,522 BDT
2018 Average 232,151 BDT
Yearly Trough Low 229,179 BDT
Transaction Impact: A difference of 47,342.64 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.2455
0.2293
JanuMarcMayJulySeptNove

NGN to BDT 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 0.2348, compared to 0.2343 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.2348
H2 Avg (Jul–Dec) 0.2343

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0463 BDT (High: 0.2755 / Low: 0.2292). On the other end, November was the most stable month, with a tight range of 0.0009 BDT (High: 0.2347 / Low: 0.2338).

August Spread (Volatile) ±0.0463
November Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0097 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0097

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 0.2441) against the same month in 2018 (average: 0.2347), the exchange rate shifted by +0.0094 (+4.01%).

2019 Avg (June) 0.2441
2018 Avg (June) 0.2347

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2318 0.2293 0.2307
February 0.2328 0.2314 0.2323
March 0.2342 0.2318 0.2333
April 0.2349 0.2326 0.2342
May 0.2349 0.2334 0.2343
June 0.2765 0.2334 0.2441
July 0.2349 0.2335 0.2344
August 0.2755 0.2292 0.2356
September 0.2356 0.2328 0.2337
October 0.2347 0.2328 0.2340
November 0.2347 0.2338 0.2341
December 0.2347 0.2336 0.2341