2020 NGN to BTN Historical Review

YEARLY HIGH

0.2096 BTN

YEARLY LOW

0.1863 BTN

YEARLY AVERAGE

0.1948 BTN

2020 NGN to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 25, valuing the pair at 0.2096. Conversely, the yearly low was recorded on December 26, dropping to 0.1863.

This high-to-low spread represents a total annual volatility of 0.0233 BTN. From a start-to-finish perspective, comparing the January average rate of 0.1966 to the December average rate of 0.1918, the exchange rate registered a net change of -2.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2096 was down 10.63% compared to the 2019 peak of 0.2346, 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 209,650 BTN

2019 Average 195,528 BTN

Yearly Trough Low 186,311 BTN

Transaction Impact: A difference of 23,338.83 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2014

0.1904

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 0.1968, compared to 0.1928 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.1968

H2 Avg (Jul–Dec) 0.1928

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0167 BTN (High: 0.2096 / Low: 0.1929). On the other end, July was the most stable month, with a tight range of 0.0027 BTN (High: 0.1949 / Low: 0.1922).

March Spread (Volatile) ±0.0167

July Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0036 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.2005) against the same month in 2019 (average: 0.1929), the exchange rate shifted by +0.0076 (+3.92%).

2020 Avg (March) 0.2005

2019 Avg (March) 0.1929

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1980	0.1949	0.1966
February	0.1983	0.1954	0.1963
March	0.2096	0.1929	0.2005
April	0.2066	0.1938	0.1979
May	0.1967	0.1920	0.1943
June	0.1969	0.1941	0.1955
July	0.1949	0.1922	0.1933
August	0.1979	0.1892	0.1936
September	0.1938	0.1880	0.1913
October	0.1959	0.1898	0.1925
November	0.1962	0.1930	0.1944
December	0.1941	0.1863	0.1918