YEARLY HIGH
0.0447 BOB
YEARLY LOW
0.0423 BOB
YEARLY AVERAGE
0.0437 BOB

2012 NGN to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the NGN to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0447. Conversely, the yearly low was recorded on June 10, dropping to 0.0423.

This high-to-low spread represents a total annual volatility of 0.0024 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0427 to the December average rate of 0.0445, the exchange rate registered a net change of 4.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.0447 was down 3.81% compared to the 2011 peak of 0.0465, 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 44,748 BOB
2011 Average 44,714 BOB
Yearly Trough Low 42,304 BOB
Transaction Impact: A difference of 2,443.38 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.0446
0.0426
JanuMarcMayJulySeptNove

NGN to BOB 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 0.0434, compared to 0.0441 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0434
H2 Avg (Jul–Dec) 0.0441

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.0014 BOB (High: 0.0440 / Low: 0.0426). On the other end, October was the most stable month, with a tight range of 0.0002 BOB (High: 0.0446 / Low: 0.0444).

July Spread (Volatile) ±0.0014
October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0009 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 0.0445) against the same month in 2011 (average: 0.0425), the exchange rate shifted by +0.0020 (+4.72%).

2012 Avg (December) 0.0445
2011 Avg (December) 0.0425

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0432 0.0424 0.0427
February 0.0441 0.0429 0.0435
March 0.0439 0.0436 0.0438
April 0.0440 0.0437 0.0438
May 0.0440 0.0431 0.0436
June 0.0433 0.0423 0.0427
July 0.0440 0.0426 0.0432
August 0.0445 0.0432 0.0440
September 0.0444 0.0441 0.0443
October 0.0446 0.0444 0.0444
November 0.0447 0.0441 0.0444
December 0.0447 0.0443 0.0445