YEARLY HIGH
0.1369 NGN
YEARLY LOW
0.1305 NGN
YEARLY AVERAGE
0.1330 NGN

2010 BIF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the BIF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.1369. Conversely, the yearly low was recorded on January 4, dropping to 0.1305.

This high-to-low spread represents a total annual volatility of 0.0064 NGN. From a start-to-finish perspective, comparing the January average rate of 0.1319 to the December average rate of 0.1346, the exchange rate registered a net change of 1.99% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 684 NGN
Yearly Average 665 NGN
Yearly Trough Low 652 NGN
Transaction Impact: A difference of 32.00 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.1348
0.1316
JanuMarcMayJulySeptNove

BIF 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 0.1325, compared to 0.1335 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.1325
H2 Avg (Jul–Dec) 0.1335

Volatility Range Comparison

Volatility

The most volatile month in 2010 was December, with a trading range of 0.0044 NGN (High: 0.1369 / Low: 0.1325). On the other end, November was the most stable month, with a tight range of 0.0010 NGN (High: 0.1332 / Low: 0.1322).

December Spread (Volatile) ±0.0044
November Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between July and September, 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 0.0014 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for December 2010 is 0.1346.

2010 Avg (December) 0.1346
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1330 0.1305 0.1319
February 0.1340 0.1320 0.1330
March 0.1328 0.1313 0.1321
April 0.1324 0.1312 0.1318
May 0.1351 0.1318 0.1331
June 0.1336 0.1322 0.1329
July 0.1332 0.1317 0.1325
August 0.1338 0.1317 0.1327
September 0.1367 0.1327 0.1345
October 0.1364 0.1323 0.1340
November 0.1332 0.1322 0.1326
December 0.1369 0.1325 0.1346