YEARLY HIGH
0.0334 BWP
YEARLY LOW
0.0274 BWP
YEARLY AVERAGE
0.0301 BWP

2020 NGN to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 0.0334. Conversely, the yearly low was recorded on December 26, dropping to 0.0274.

This high-to-low spread represents a total annual volatility of 0.0060 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0296 to the December average rate of 0.0284, the exchange rate registered a net change of -4.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0334 was down 7.35% compared to the 2019 peak of 0.0361, 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 33,417 BWP
2019 Average 29,896 BWP
Yearly Trough Low 27,386 BWP
Transaction Impact: A difference of 6,030.09 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0319
0.0281
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 0.0306, compared to 0.0296 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0306
H2 Avg (Jul–Dec) 0.0296

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 0.0026 BWP (High: 0.0334 / Low: 0.0308). On the other end, October was the most stable month, with a tight range of 0.0006 BWP (High: 0.0303 / Low: 0.0298).

April Spread (Volatile) ±0.0026
October Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.0316) against the same month in 2019 (average: 0.0296), the exchange rate shifted by +0.0020 (+6.91%).

2020 Avg (April) 0.0316
2019 Avg (April) 0.0296

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0302 0.0291 0.0296
February 0.0305 0.0299 0.0302
March 0.0326 0.0303 0.0309
April 0.0334 0.0308 0.0316
May 0.0315 0.0303 0.0310
June 0.0306 0.0297 0.0302
July 0.0304 0.0293 0.0299
August 0.0310 0.0296 0.0302
September 0.0307 0.0295 0.0300
October 0.0303 0.0298 0.0300
November 0.0300 0.0288 0.0292
December 0.0291 0.0274 0.0284