YEARLY HIGH
0.2442 BDT
YEARLY LOW
0.2060 BDT
YEARLY AVERAGE
0.2200 BDT

2022 NGN to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 15, valuing the pair at 0.2442. Conversely, the yearly low was recorded on February 27, dropping to 0.2060.

This high-to-low spread represents a total annual volatility of 0.0382 BDT. From a start-to-finish perspective, comparing the January average rate of 0.2076 to the December average rate of 0.2331, the exchange rate registered a net change of 12.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.2442 was up 9.24% compared to the 2021 peak of 0.2235, 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 244,153 BDT
2021 Average 211,080 BDT
Yearly Trough Low 205,998 BDT
Transaction Impact: A difference of 38,154.67 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.2378
0.2038
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 0.2102, compared to 0.2297 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0195 points.

H1 Avg (Jan–Jun) 0.2102
H2 Avg (Jul–Dec) 0.2297

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0271 BDT (High: 0.2442 / Low: 0.2170). On the other end, February was the most stable month, with a tight range of 0.0010 BDT (High: 0.2070 / Low: 0.2060).

September Spread (Volatile) ±0.0271
February Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0037 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.2288) against the same month in 2021 (average: 0.2072), the exchange rate shifted by +0.0215 (+10.40%).

2022 Avg (September) 0.2288
2021 Avg (September) 0.2072

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2086 0.2066 0.2076
February 0.2070 0.2060 0.2066
March 0.2078 0.2066 0.2070
April 0.2101 0.2070 0.2079
May 0.2146 0.2082 0.2102
June 0.2263 0.2145 0.2221
July 0.2280 0.2207 0.2244
August 0.2284 0.2230 0.2257
September 0.2442 0.2170 0.2288
October 0.2424 0.2295 0.2350
November 0.2381 0.2288 0.2313
December 0.2377 0.2302 0.2331