2019 NGN to BTN Historical Review

YEARLY HIGH

0.2346 BTN

YEARLY LOW

0.1897 BTN

YEARLY AVERAGE

0.1956 BTN

2019 NGN to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 26, valuing the pair at 0.2346. Conversely, the yearly low was recorded on July 16, dropping to 0.1897.

This high-to-low spread represents a total annual volatility of 0.0449 BTN. From a start-to-finish perspective, comparing the January average rate of 0.1943 to the December average rate of 0.1963, the exchange rate registered a net change of 1.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.2346 was up 14.67% compared to the 2018 peak of 0.2046, 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 234,575 BTN

2018 Average 189,239 BTN

Yearly Trough Low 189,686 BTN

Transaction Impact: A difference of 44,889.22 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.2017

0.1896

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 0.1952, compared to 0.1959 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.1952

H2 Avg (Jul–Dec) 0.1959

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0433 BTN (High: 0.2346 / Low: 0.1913). On the other end, July was the most stable month, with a tight range of 0.0019 BTN (High: 0.1916 / Low: 0.1897).

August Spread (Volatile) ±0.0433

July Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0101 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0101

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.1978) against the same month in 2018 (average: 0.1926), the exchange rate shifted by +0.0052 (+2.69%).

2019 Avg (August) 0.1978

2018 Avg (August) 0.1926

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1968	0.1907	0.1943
February	0.1987	0.1950	0.1967
March	0.1970	0.1898	0.1929
April	0.1949	0.1907	0.1930
May	0.1955	0.1919	0.1937
June	0.2272	0.1918	0.2007
July	0.1916	0.1897	0.1907
August	0.2346	0.1913	0.1978
September	0.1996	0.1945	0.1970
October	0.1976	0.1951	0.1963
November	0.1990	0.1951	0.1972
December	0.1980	0.1949	0.1963