2018 NGN to BTN Historical Review

YEARLY HIGH

0.2046 BTN

YEARLY LOW

0.1754 BTN

YEARLY AVERAGE

0.1892 BTN

2018 NGN to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 9, valuing the pair at 0.2046. Conversely, the yearly low was recorded on January 10, dropping to 0.1754.

This high-to-low spread represents a total annual volatility of 0.0291 BTN. From a start-to-finish perspective, comparing the January average rate of 0.1767 to the December average rate of 0.1941, the exchange rate registered a net change of 9.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.2046 was down 8.84% compared to the 2017 peak of 0.2244, 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 204,567 BTN

2017 Average 195,953 BTN

Yearly Trough Low 175,448 BTN

Transaction Impact: A difference of 29,118.62 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.2051

0.1741

JanuMarcMayJulySeptNove

NGN to BTN 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 0.1823, compared to 0.1961 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0138 points.

H1 Avg (Jan–Jun) 0.1823

H2 Avg (Jul–Dec) 0.1961

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0109 BTN (High: 0.2022 / Low: 0.1913). On the other end, March was the most stable month, with a tight range of 0.0012 BTN (High: 0.1812 / Low: 0.1799).

November Spread (Volatile) ±0.0109

March Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0049 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.2026) against the same month in 2017 (average: 0.1812), the exchange rate shifted by +0.0214 (+11.78%).

2018 Avg (October) 0.2026

2017 Avg (October) 0.1812

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1781	0.1754	0.1767
February	0.1805	0.1769	0.1786
March	0.1812	0.1799	0.1806
April	0.1858	0.1803	0.1825
May	0.1897	0.1845	0.1874
June	0.1910	0.1860	0.1881
July	0.1914	0.1895	0.1904
August	0.1959	0.1896	0.1926
September	0.2004	0.1959	0.1990
October	0.2046	0.2003	0.2026
November	0.2022	0.1913	0.1977
December	0.1982	0.1913	0.1941