YEARLY HIGH
0.0361 BWP
YEARLY LOW
0.0285 BWP
YEARLY AVERAGE
0.0299 BWP

2019 NGN to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.0361. Conversely, the yearly low was recorded on February 3, dropping to 0.0285.

This high-to-low spread represents a total annual volatility of 0.0075 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0290 to the December average rate of 0.0296, the exchange rate registered a net change of 2.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0361 was up 18.00% compared to the 2018 peak of 0.0306, 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 36,068 BWP
2018 Average 28,225 BWP
Yearly Trough Low 28,548 BWP
Transaction Impact: A difference of 7,519.63 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0315
0.0288
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 0.0297, compared to 0.0301 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0297
H2 Avg (Jul–Dec) 0.0301

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0063 BWP (High: 0.0361 / Low: 0.0297). On the other end, November was the most stable month, with a tight range of 0.0004 BWP (High: 0.0303 / Low: 0.0299).

August Spread (Volatile) ±0.0063
November Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and March, 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 June and July, when the average rate fell by 0.0018 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.0307) against the same month in 2018 (average: 0.0293), the exchange rate shifted by +0.0014 (+4.77%).

2019 Avg (August) 0.0307
2018 Avg (August) 0.0293

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0297 0.0287 0.0290
February 0.0293 0.0285 0.0290
March 0.0300 0.0291 0.0297
April 0.0299 0.0293 0.0296
May 0.0303 0.0296 0.0299
June 0.0357 0.0296 0.0312
July 0.0297 0.0292 0.0295
August 0.0361 0.0297 0.0307
September 0.0306 0.0300 0.0302
October 0.0306 0.0297 0.0302
November 0.0303 0.0299 0.0301
December 0.0300 0.0291 0.0296