I would assume it's measured from the centre, it wouldn't make much sense otherwise, but I'd question if there's much height adjustment. For one thing, you should only use the top arc of adjustment so I doubt the difference between the lowest and highest points was more than 3mm. Then more obviously you have to use it for the intended purpose of adjusting the chain, so there isn't a lot of choice. Tyre and pedal choice is going to have more effect than the EBB adjustment.
I can't remember the numbers, but the Nomad frame being designed for three wheel sizes means it needed the BB height for the smallest, that makes it pretty high on 650b and even more so on 700c. I was considering one a couple of years ago but wanted to stick with 700c, it was the high BB put me off, it's quite a difference to my other bikes and although it might have been fine I decided not to risk it.