2010 BND to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2010.
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).
Comparing the value generated converting 5,000 BND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2010.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for December 2010 is 116.6575.
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 |