YEARLY HIGH
112.5224 NGN
YEARLY LOW
92.3088 NGN
YEARLY AVERAGE
102.4985 NGN

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).

Transfer Payout Power Comparison

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

Yearly Peak High 562,612 NGN
Yearly Average 512,493 NGN
Yearly Trough Low 461,544 NGN
Transaction Impact: A difference of 101,068.26 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

111.2632
92.8147
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 102.4309
H2 Avg (Jul–Dec) 102.5662

Volatility Range Comparison

Volatility

The 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).

September Spread (Volatile) ±9.6302
April Spread (Stable) ±2.4621

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 4 Mo.
Sharpest MoM Drop -5.5593

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 109.7258.

2010 Avg (January) 109.7258
Baseline Avg N/A

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