YEARLY HIGH
118.4465 NGN
YEARLY LOW
106.5527 NGN
YEARLY AVERAGE
110.8924 NGN

2010 BND to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the BND to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 118.4465. Conversely, the yearly low was recorded on March 28, dropping to 106.5527.

This high-to-low spread represents a total annual volatility of 11.8938 NGN. From a start-to-finish perspective, comparing the January average rate of 107.6716 to the December average rate of 116.6575, the exchange rate registered a net change of 8.35% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 592,233 NGN
Yearly Average 554,462 NGN
Yearly Trough Low 532,763 NGN
Transaction Impact: A difference of 59,469.19 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

117.6137
106.1398
JanuMarcMayJulySeptNove

BND 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 107.8869, compared to 113.8980 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.0111 points.

H1 Avg (Jan–Jun) 107.8869
H2 Avg (Jul–Dec) 113.8980

Volatility Range Comparison

Volatility

The most volatile month in 2010 was September, with a trading range of 5.6850 NGN (High: 117.6478 / Low: 111.9628). On the other end, March was the most stable month, with a tight range of 1.3286 NGN (High: 107.8813 / Low: 106.5527).

September Spread (Volatile) ±5.6850
March Spread (Stable) ±1.3286

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 May and June, when the average rate fell by 0.8541 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.8541

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for December 2010 is 116.6575.

2010 Avg (December) 116.6575
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 109.1198 106.7562 107.6716
February 108.6721 106.5679 107.0959
March 107.8813 106.5527 107.2160
April 110.7550 107.2756 108.5808
May 110.9073 107.1455 108.8055
June 109.3009 106.7058 107.9514
July 110.3086 107.4000 108.8947
August 111.8976 110.3086 111.0651
September 117.6478 111.9628 114.0266
October 117.5753 115.6059 116.6257
November 117.1842 114.4496 116.1183
December 118.4465 114.7576 116.6575