YEARLY HIGH
22.2455 NGN
YEARLY LOW
20.9675 NGN
YEARLY AVERAGE
21.5561 NGN

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).

Transfer Payout Power Comparison

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

Yearly Peak High 111,228 NGN
Yearly Average 107,780 NGN
Yearly Trough Low 104,837 NGN
Transaction Impact: A difference of 6,390.36 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

21.9155
21.2926
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 21.4819
H2 Avg (Jul–Dec) 21.6303

Volatility Range Comparison

Volatility

The 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).

February Spread (Volatile) ±0.8752
July Spread (Stable) ±0.2067

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2091

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for December 2010 is 21.8636.

2010 Avg (December) 21.8636
Baseline Avg N/A

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