2010 BOB to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2010.
2010 BOB to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2010
During 2010, the BOB to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 22.2455. Conversely, the yearly low was recorded on February 24, dropping to 20.9675.
This high-to-low spread represents a total annual volatility of 1.2781 NGN. From a start-to-finish perspective, comparing the January average rate of 21.4700 to the December average rate of 21.8636, the exchange rate registered a net change of 1.83% (reflecting a strengthening trend).
Comparing the value generated converting 5,000 BOB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2010.
BOB 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 21.4819, compared to 21.6303 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1484 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2010 was February, with a trading range of 0.8752 NGN (High: 21.8427 / Low: 20.9675). On the other end, July was the most stable month, with a tight range of 0.2067 NGN (High: 21.5763 / Low: 21.3696).
Growth Streaks & Declines
TrendsBetween April and June, 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 0.2091 points.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for December 2010 is 21.8636.
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 21.7154 | 21.2552 | 21.4700 |
| February | 21.8427 | 20.9675 | 21.5160 |
| March | 21.5853 | 21.2749 | 21.4178 |
| April | 21.5284 | 21.1285 | 21.3445 |
| May | 21.8515 | 21.1711 | 21.5528 |
| June | 21.6996 | 21.4254 | 21.5902 |
| July | 21.5763 | 21.3696 | 21.4424 |
| August | 21.7227 | 21.3740 | 21.4967 |
| September | 22.2303 | 21.5162 | 21.7319 |
| October | 22.1642 | 21.4529 | 21.7281 |
| November | 21.6779 | 21.4176 | 21.5190 |
| December | 22.2455 | 21.5259 | 21.8636 |