YEARLY HIGH
0.0056 BZD
YEARLY LOW
0.0055 BZD
YEARLY AVERAGE
0.0056 BZD

2018 NGN to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.0056. Conversely, the yearly low was recorded on November 17, dropping to 0.0055.

This high-to-low spread represents a total annual volatility of 0.0001 BZD. From a start-to-finish perspective, comparing the January average rate of 0.0056 to the December average rate of 0.0055, the exchange rate registered a net change of -0.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0056 was down 15.13% compared to the 2017 peak of 0.0066, 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 5,606 BZD
2017 Average 6,052 BZD
Yearly Trough Low 5,486 BZD
Transaction Impact: A difference of 119.86 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0056
0.0055
JanuMarcMayJulySeptNove

NGN to BZD 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 0.0056, compared to 0.0056 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0056
H2 Avg (Jul–Dec) 0.0056

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0001 BZD (High: 0.0056 / Low: 0.0055). On the other end, April was the most stable month, with a tight range of 0.0000 BZD (High: 0.0056 / Low: 0.0056).

November Spread (Volatile) ±0.0001
April Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and April, 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 September and October, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.0056) against the same month in 2017 (average: 0.0064), the exchange rate shifted by -0.0008 (-13.08%).

2018 Avg (January) 0.0056
2017 Avg (January) 0.0064

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0056 0.0055 0.0056
February 0.0056 0.0056 0.0056
March 0.0056 0.0056 0.0056
April 0.0056 0.0056 0.0056
May 0.0056 0.0056 0.0056
June 0.0056 0.0056 0.0056
July 0.0056 0.0056 0.0056
August 0.0056 0.0055 0.0056
September 0.0056 0.0055 0.0056
October 0.0055 0.0055 0.0055
November 0.0056 0.0055 0.0055
December 0.0056 0.0055 0.0055