YEARLY HIGH
23.2456 NGN
YEARLY LOW
21.8572 NGN
YEARLY AVERAGE
22.3231 NGN

2010 CNY to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the CNY to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 23.2456. Conversely, the yearly low was recorded on January 6, dropping to 21.8572.

This high-to-low spread represents a total annual volatility of 1.3885 NGN. From a start-to-finish perspective, comparing the January average rate of 22.0353 to the December average rate of 22.9543, the exchange rate registered a net change of 4.17% (reflecting a strengthening trend).

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 581,140 NGN
Yearly Average 558,078 NGN
Yearly Trough Low 546,429 NGN
Transaction Impact: A difference of 34,711.58 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

23.0516
21.8839
JanuMarcMayJulySeptNove

CNY 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 22.0904, compared to 22.5558 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4654 points.

H1 Avg (Jan–Jun) 22.0904
H2 Avg (Jul–Dec) 22.5558

Volatility Range Comparison

Volatility

The most volatile month in 2010 was September, with a trading range of 0.9712 NGN (High: 23.1640 / Low: 22.1928). On the other end, July was the most stable month, with a tight range of 0.1726 NGN (High: 22.2306 / Low: 22.0580).

September Spread (Volatile) ±0.9712
July Spread (Stable) ±0.1726

Growth Streaks & Declines

Trends

Between 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 0.1680 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1680

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for December 2010 is 22.9543.

2010 Avg (December) 22.9543
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 22.1941 21.8572 22.0353
February 22.4549 22.0331 22.1330
March 22.1030 21.8748 21.9812
April 22.2183 21.9447 22.0419
May 22.3455 22.0041 22.1877
June 22.3391 22.0396 22.1633
July 22.2306 22.0580 22.1534
August 22.2892 22.1107 22.1944
September 23.1640 22.1928 22.5895
October 23.0843 22.4717 22.8058
November 22.7476 22.4729 22.6378
December 23.2456 22.6487 22.9543