2010 BTN to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2010.
2010 BTN to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2010
During 2010, the BTN to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 3.4951. Conversely, the yearly low was recorded on May 25, dropping to 3.1731.
This high-to-low spread represents a total annual volatility of 0.3220 NGN. From a start-to-finish perspective, comparing the January average rate of 3.2725 to the December average rate of 3.3858, the exchange rate registered a net change of 3.46% (reflecting a strengthening trend).
Comparing the value generated converting 5,000 BTN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2010.
BTN 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 3.2953, compared to 3.3197 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0244 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2010 was May, with a trading range of 0.2400 NGN (High: 3.4131 / Low: 3.1731). On the other end, August was the most stable month, with a tight range of 0.0474 NGN (High: 3.2621 / Low: 3.2147).
Growth Streaks & Declines
TrendsBetween July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0769 points.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for October 2010 is 3.4263.
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.3205 | 3.2269 | 3.2725 |
| February | 3.3079 | 3.2370 | 3.2617 |
| March | 3.3569 | 3.2683 | 3.3007 |
| April | 3.4131 | 3.3484 | 3.3809 |
| May | 3.4131 | 3.1731 | 3.3074 |
| June | 3.3121 | 3.2100 | 3.2487 |
| July | 3.2331 | 3.1811 | 3.2072 |
| August | 3.2621 | 3.2147 | 3.2352 |
| September | 3.4417 | 3.2329 | 3.3146 |
| October | 3.4951 | 3.3745 | 3.4263 |
| November | 3.4270 | 3.2824 | 3.3493 |
| December | 3.4270 | 3.3314 | 3.3858 |