NGN to BOB Historical Rates

Analyze long-term market trends and access daily historical data for the NGN/BOB pair.

10-YEAR HIGH
0.0228 BOB
10-YEAR LOW
0.0041 BOB
10-YEAR AVERAGE
0.0145 BOB

10-Year NGN to BOB Performance & Macro Timing Review

Analysis of key historical highlights and timing insights over the past decade

Over the last 10 years, the NGN to BOB exchange rate has undergone significant macro fluctuations. The market reached its absolute decade peak on January 6, 2017, when the pair was valued at 0.0228. Conversely, the absolute lowest rate of the decade was recorded on November 26, 2024, dropping to a support floor of 0.0041.

This peak-to-trough range represents a total macro spread of 0.0187 BOB. From a long-term perspective, comparing the decade's oldest annual average of 0.0219 (in 2016) to the newest annual average of 0.0052 (in 2026), the exchange rate registered a net shift of -76.40%.

Analyzing macro structural support, the trading dynamics in the recent 5-year period averaged 0.0096, showing a variance of 0.0098 points compared to the older 5-year average of 0.0193.

10-Year Payout Timing Comparison

Value generated converting a dynamic sum of 1,000,000 NGN over the decade:

Decade Peak High 22,775 BOB
10-Year Average 14,482 BOB
Decade Trough Low 4,072 BOB
Macro Timing Impact: A difference of 18,702.94 BOB purely based on trade execution date over the last 10 years.

10-Year Macro Trend

Monthly average exchange rates over the last decade.

0.0246
0.0022
201620182020202220242026

NGN to BOB Macro Trends & Volatility Analysis

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

Decade Halves Comparison

Macro Shift

The average exchange rate in the first 5 years of the decade was 0.0193, compared to 0.0096 in the recent 5 years. This shows that the rate was stronger in the older 5 years by a margin of 0.0098 points.

Older 5 Yrs Avg 0.0193
Recent 5 Yrs Avg 0.0096

Annual Volatility Extremes

Volatility

The most volatile year in the decade was 2023, with a trading range of 0.0077 BOB (High: 0.0155 / Low: 0.0077). Conversely, 2018 was the most stable year, with a range of 0.0006 BOB (High: 0.0194 / Low: 0.0188).

2023 Spread (Volatile) ±0.0077
2018 Spread (Stable) ±0.0006

Decade Growth & Declines

Macro Trends

No sustained consecutive year-over-year average growth streak of 2+ years occurred in the last decade. Conversely, the sharpest year-over-year decline occurred between 2023 and 2024, when the average rate fell by 0.0068 points.

Longest Streak 1 Yrs.
Sharpest YoY Drop -0.0068

10-Year Historical Baseline

YoY Baseline

Comparing the decade's oldest annual average (2016: 0.0219) against the newest annual average (2026: 0.0052), the exchange rate shifted by -0.0168 (-76.40%).

2016 Baseline Avg 0.0219
2026 Current Avg 0.0052

Recent 30 Days

Live daily mid-market rates for the past month.

Date Exchange Rate
2026-07-29 0.0083
2026-07-28 0.0082
2026-07-27 0.0082
2026-07-26 0.0081
2026-07-25 0.0081
2026-07-24 0.0081
2026-07-23 0.0079
2026-07-22 0.0079
2026-07-21 0.0078
2026-07-20 0.0055
2026-07-19 0.0050
2026-07-18 0.0050
2026-07-17 0.0050
2026-07-16 0.0050
2026-07-15 0.0050
2026-07-14 0.0050
2026-07-13 0.0050
2026-07-12 0.0050
2026-07-11 0.0050
2026-07-10 0.0050
2026-07-09 0.0050
2026-07-08 0.0050
2026-07-07 0.0051
2026-07-06 0.0051
2026-07-05 0.0051
2026-07-04 0.0051
2026-07-03 0.0051
2026-07-02 0.0050
2026-07-01 0.0050
2026-06-30 0.0050
2026-06-29 0.0050

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