2010 BGN to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2010.
2010 BGN to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2010
During 2010, the BGN to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 112.5224. Conversely, the yearly low was recorded on June 8, dropping to 92.3088.
This high-to-low spread represents a total annual volatility of 20.2137 NGN. From a start-to-finish perspective, comparing the January average rate of 109.7258 to the December average rate of 103.1473, the exchange rate registered a net change of -6.00% (reflecting a weakening trend).
Comparing the value generated converting 5,000 BGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2010.
BGN 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 102.4309, compared to 102.5662 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1352 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2010 was September, with a trading range of 9.6302 NGN (High: 107.9504 / Low: 98.3202). On the other end, April was the most stable month, with a tight range of 2.4621 NGN (High: 104.6862 / Low: 102.2241).
Growth Streaks & Declines
TrendsBetween June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 5.5593 points.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 109.7258.
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 112.5224 | 107.7890 | 109.7258 |
| February | 108.1607 | 104.2300 | 105.5661 |
| March | 105.7149 | 102.0732 | 104.0928 |
| April | 104.6862 | 102.2241 | 103.2041 |
| May | 103.0628 | 94.5090 | 97.6448 |
| June | 95.9833 | 92.3088 | 94.3520 |
| July | 100.3072 | 94.1885 | 98.0165 |
| August | 101.8667 | 97.6340 | 99.2655 |
| September | 107.9504 | 98.3202 | 101.6934 |
| October | 109.7289 | 106.4400 | 108.0542 |
| November | 109.5544 | 100.2692 | 105.2201 |
| December | 104.8961 | 101.2001 | 103.1473 |