YEARLY HIGH
154.9996 NGN
YEARLY LOW
149.2427 NGN
YEARLY AVERAGE
151.1073 NGN

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).

Transfer Payout Power Comparison

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

Yearly Peak High 774,998 NGN
Yearly Average 755,537 NGN
Yearly Trough Low 746,214 NGN
Transaction Impact: A difference of 28,784.64 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

152.8797
149.8059
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 150.8038
H2 Avg (Jul–Dec) 151.4108

Volatility Range Comparison

Volatility

The 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).

October Spread (Volatile) ±4.1998
November Spread (Stable) ±0.8105

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 1.4650 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.4650

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for September 2010 is 152.3676.

2010 Avg (September) 152.3676
Baseline Avg N/A

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