YEARLY HIGH
0.0049 BZD
YEARLY LOW
0.0045 BZD
YEARLY AVERAGE
0.0048 BZD

2022 NGN to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 17, valuing the pair at 0.0049. Conversely, the yearly low was recorded on December 19, dropping to 0.0045.

This high-to-low spread represents a total annual volatility of 0.0004 BZD. From a start-to-finish perspective, comparing the January average rate of 0.0049 to the December average rate of 0.0045, the exchange rate registered a net change of -7.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0049 was down 7.66% compared to the 2021 peak of 0.0053, 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 4,906 BZD
2021 Average 5,001 BZD
Yearly Trough Low 4,491 BZD
Transaction Impact: A difference of 414.54 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0049
0.0045
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 0.0049, compared to 0.0047 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0049
H2 Avg (Jul–Dec) 0.0047

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0002 BZD (High: 0.0048 / Low: 0.0046). On the other end, May was the most stable month, with a tight range of 0.0000 BZD (High: 0.0049 / Low: 0.0048).

September Spread (Volatile) ±0.0002
May Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2022: 0.0049) against the same month in 2021 (average: 0.0052), the exchange rate shifted by -0.0003 (-5.94%).

2022 Avg (April) 0.0049
2021 Avg (April) 0.0052

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0049 0.0048 0.0049
February 0.0049 0.0048 0.0048
March 0.0049 0.0048 0.0048
April 0.0049 0.0048 0.0049
May 0.0049 0.0048 0.0049
June 0.0049 0.0048 0.0048
July 0.0049 0.0047 0.0048
August 0.0049 0.0047 0.0048
September 0.0048 0.0046 0.0047
October 0.0047 0.0046 0.0046
November 0.0046 0.0045 0.0046
December 0.0045 0.0045 0.0045