YEARLY HIGH
77.4998 NGN
YEARLY LOW
74.6214 NGN
YEARLY AVERAGE
75.5537 NGN

2010 BBD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the BBD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 28, valuing the pair at 77.4998. Conversely, the yearly low was recorded on January 6, dropping to 74.6214.

This high-to-low spread represents a total annual volatility of 2.8785 NGN. From a start-to-finish perspective, comparing the January average rate of 75.2315 to the December average rate of 76.3118, the exchange rate registered a net change of 1.44% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 387,499 NGN
Yearly Average 377,768 NGN
Yearly Trough Low 373,107 NGN
Transaction Impact: A difference of 14,392.32 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

76.4398
74.9029
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 75.4019, compared to 75.7054 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3035 points.

H1 Avg (Jan–Jun) 75.4019
H2 Avg (Jul–Dec) 75.7054

Volatility Range Comparison

Volatility

The most volatile month in 2010 was October, with a trading range of 2.0999 NGN (High: 77.2323 / Low: 75.1324). On the other end, November was the most stable month, with a tight range of 0.4053 NGN (High: 75.4688 / Low: 75.0636).

October Spread (Volatile) ±2.0999
November Spread (Stable) ±0.4053

Growth Streaks & Declines

Trends

Between March and May, 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 October and November, when the average rate fell by 0.7325 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.7325

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for September 2010 is 76.1838.

2010 Avg (September) 76.1838
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 75.7676 74.6214 75.2315
February 76.6560 75.2237 75.5865
March 75.4445 74.6777 75.0310
April 75.8281 74.8909 75.2350
May 76.2767 75.1151 75.7581
June 76.2800 75.1988 75.5694
July 75.3498 74.7323 75.0672
August 75.8144 75.0723 75.3290
September 77.4998 75.5042 76.1838
October 77.2323 75.1324 76.0365
November 75.4688 75.0636 75.3041
December 77.4247 75.4589 76.3118