2010 AFN to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2010.
2010 AFN to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2010
During 2010, the AFN to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 3.5994. Conversely, the yearly low was recorded on January 6, dropping to 3.0702.
This high-to-low spread represents a total annual volatility of 0.5292 NGN. From a start-to-finish perspective, comparing the January average rate of 3.1234 to the December average rate of 3.5478, the exchange rate registered a net change of 13.59% (reflecting a strengthening trend).
Comparing the value generated converting 5,000 AFN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2010.
AFN to NGN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3.2273, compared to 3.4609 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2337 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2010 was May, with a trading range of 0.1779 NGN (High: 3.3487 / Low: 3.1708). On the other end, November was the most stable month, with a tight range of 0.0177 NGN (High: 3.5070 / Low: 3.4893).
Growth Streaks & Declines
TrendsBetween January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0113 points.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for December 2010 is 3.5478.
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.1821 | 3.0702 | 3.1234 |
| February | 3.1958 | 3.0820 | 3.1633 |
| March | 3.2802 | 3.1482 | 3.2149 |
| April | 3.2951 | 3.2482 | 3.2650 |
| May | 3.3487 | 3.1708 | 3.2949 |
| June | 3.3398 | 3.2255 | 3.3020 |
| July | 3.4524 | 3.2917 | 3.3383 |
| August | 3.4585 | 3.3389 | 3.4131 |
| September | 3.5338 | 3.3882 | 3.4538 |
| October | 3.5396 | 3.4566 | 3.5119 |
| November | 3.5070 | 3.4893 | 3.5006 |
| December | 3.5994 | 3.5077 | 3.5478 |