YEARLY HIGH
0.0306 BWP
YEARLY LOW
0.0262 BWP
YEARLY AVERAGE
0.0282 BWP

2018 NGN to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 6, valuing the pair at 0.0306. Conversely, the yearly low was recorded on February 17, dropping to 0.0262.

This high-to-low spread represents a total annual volatility of 0.0044 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0271 to the December average rate of 0.0294, the exchange rate registered a net change of 8.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0306 was down 12.62% compared to the 2017 peak of 0.0350, 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 30,567 BWP
2017 Average 31,141 BWP
Yearly Trough Low 26,212 BWP
Transaction Impact: A difference of 4,355.19 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0301
0.0262
JanuMarcMayJulySeptNove

NGN to BWP 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 0.0272, compared to 0.0293 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0272
H2 Avg (Jul–Dec) 0.0293

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0017 BWP (High: 0.0301 / Low: 0.0284). On the other end, March was the most stable month, with a tight range of 0.0004 BWP (High: 0.0267 / Low: 0.0263).

August Spread (Volatile) ±0.0017
March Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0005 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.0298) against the same month in 2017 (average: 0.0283), the exchange rate shifted by +0.0015 (+5.14%).

2018 Avg (September) 0.0298
2017 Avg (September) 0.0283

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0275 0.0265 0.0271
February 0.0269 0.0262 0.0265
March 0.0267 0.0263 0.0266
April 0.0273 0.0266 0.0269
May 0.0279 0.0272 0.0275
June 0.0290 0.0276 0.0284
July 0.0290 0.0282 0.0286
August 0.0301 0.0284 0.0293
September 0.0306 0.0291 0.0298
October 0.0299 0.0292 0.0294
November 0.0297 0.0289 0.0293
December 0.0297 0.0288 0.0294