YEARLY HIGH
5.2719 NGN
YEARLY LOW
4.2630 NGN
YEARLY AVERAGE
5.1176 NGN

2019 BTN to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BTN to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 16, valuing the pair at 5.2719. Conversely, the yearly low was recorded on August 26, dropping to 4.2630.

This high-to-low spread represents a total annual volatility of 1.0088 NGN. From a start-to-finish perspective, comparing the January average rate of 5.1462 to the December average rate of 5.0949, the exchange rate registered a net change of -1.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 5.2719 was down 7.51% compared to the 2018 peak of 5.6997, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 26,359 NGN
2018 Average 26,471 NGN
Yearly Trough Low 21,315 NGN
Transaction Impact: A difference of 5,044.24 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

5.2691
4.9813
JanuMarcMayJulySeptNove

BTN 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 5.1272, compared to 5.1079 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0193 points.

H1 Avg (Jan–Jun) 5.1272
H2 Avg (Jul–Dec) 5.1079

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.9641 NGN (High: 5.2271 / Low: 4.2630). On the other end, July was the most stable month, with a tight range of 0.0519 NGN (High: 5.2719 / Low: 5.2199).

August Spread (Volatile) ±0.9641
July Spread (Stable) ±0.0519

Growth Streaks & Declines

Trends

Between August and October, 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 July and August, when the average rate fell by 0.1797 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1797

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 5.2452) against the same month in 2018 (average: 5.2514), the exchange rate shifted by -0.0063 (-0.12%).

2019 Avg (July) 5.2452
2018 Avg (July) 5.2514

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.2451 5.0815 5.1462
February 5.1280 5.0339 5.0835
March 5.2676 5.0773 5.1833
April 5.2448 5.1317 5.1818
May 5.2123 5.1151 5.1632
June 5.2128 4.4007 5.0053
July 5.2719 5.2199 5.2452
August 5.2271 4.2630 5.0654
September 5.1409 5.0100 5.0762
October 5.1252 5.0605 5.0947
November 5.1247 5.0253 5.0711
December 5.1314 5.0517 5.0949