YEARLY HIGH
182.8681 NGN
YEARLY LOW
179.1502 NGN
YEARLY AVERAGE
180.6496 NGN

2018 BBD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BBD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 182.8681. Conversely, the yearly low was recorded on January 14, dropping to 179.1502.

This high-to-low spread represents a total annual volatility of 3.7179 NGN. From a start-to-finish perspective, comparing the January average rate of 180.0699 to the December average rate of 182.0073, the exchange rate registered a net change of 1.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 182.8681 was down 0.89% compared to the 2017 peak of 184.5119, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BBD based on timing:

Yearly Peak High 914,341 NGN
2017 Average 834,307 NGN
Yearly Trough Low 895,751 NGN
Transaction Impact: A difference of 18,589.59 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

182.2157
179.7147
JanuMarcMayJulySeptNove

BBD to NGN 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 180.0882, compared to 181.2110 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1228 points.

H1 Avg (Jan–Jun) 180.0882
H2 Avg (Jul–Dec) 181.2110

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 2.2401 NGN (High: 181.9700 / Low: 179.7299). On the other end, April was the most stable month, with a tight range of 0.4969 NGN (High: 180.0407 / Low: 179.5438).

September Spread (Volatile) ±2.2401
April Spread (Stable) ±0.4969

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1686 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.1686

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 182.0073) against the same month in 2017 (average: 179.8867), the exchange rate shifted by +2.1206 (+1.18%).

2018 Avg (December) 182.0073
2017 Avg (December) 179.8867

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 181.1460 179.1502 180.0699
February 180.5074 180.0000 180.2433
March 180.4644 179.8100 180.0747
April 180.0407 179.5438 179.9231
May 180.5000 179.7500 180.0866
June 180.5499 179.8532 180.1316
July 181.0000 179.5139 180.3120
August 181.3394 179.9915 180.5127
September 181.9700 179.7299 181.0414
October 182.0000 181.0800 181.6630
November 182.2550 180.3528 181.7294
December 182.8681 181.5000 182.0073