2010 BMD to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2010.
2010 BMD to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2010
During 2010, the BMD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 28, valuing the pair at 154.9996. Conversely, the yearly low was recorded on January 6, dropping to 149.2427.
This high-to-low spread represents a total annual volatility of 5.7569 NGN. From a start-to-finish perspective, comparing the January average rate of 150.4630 to the December average rate of 152.6235, the exchange rate registered a net change of 1.44% (reflecting a strengthening trend).
Comparing the value generated converting 5,000 BMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2010.
BMD 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 150.8038, compared to 151.4108 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6069 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2010 was October, with a trading range of 4.1998 NGN (High: 154.4647 / Low: 150.2648). On the other end, November was the most stable month, with a tight range of 0.8105 NGN (High: 150.9377 / Low: 150.1271).
Growth Streaks & Declines
TrendsBetween 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 1.4650 points.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for September 2010 is 152.3676.
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 151.5353 | 149.2427 | 150.4630 |
| February | 153.3119 | 150.4475 | 151.1729 |
| March | 150.8890 | 149.3555 | 150.0620 |
| April | 151.6563 | 149.7819 | 150.4700 |
| May | 152.5533 | 150.2302 | 151.5162 |
| June | 152.5600 | 150.3976 | 151.1389 |
| July | 150.6997 | 149.4645 | 150.1344 |
| August | 151.6288 | 150.1447 | 150.6580 |
| September | 154.9996 | 151.0084 | 152.3676 |
| October | 154.4647 | 150.2648 | 152.0731 |
| November | 150.9377 | 150.1271 | 150.6081 |
| December | 154.8494 | 150.9178 | 152.6235 |