2010 ETB to NGN Historical Review

YEARLY HIGH

14.1051 NGN

YEARLY LOW

11.8567 NGN

YEARLY AVERAGE

13.0590 NGN

2010 ETB to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the ETB to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 14.1051. Conversely, the yearly low was recorded on November 2, dropping to 11.8567.

This high-to-low spread represents a total annual volatility of 2.2483 NGN. From a start-to-finish perspective, comparing the January average rate of 13.9694 to the December average rate of 12.0191, the exchange rate registered a net change of -13.96% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 70,525 NGN

Yearly Average 65,295 NGN

Yearly Trough Low 59,284 NGN

Transaction Impact: A difference of 11,241.72 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

14.1778

11.6767

JanuMarcMayJulySeptNove

ETB 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 13.6381, compared to 12.4799 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1582 points.

H1 Avg (Jan–Jun) 13.6381

H2 Avg (Jul–Dec) 12.4799

Volatility Range Comparison

Volatility

The most volatile month in 2010 was September, with a trading range of 1.4778 NGN (High: 13.4496 / Low: 11.9719). On the other end, July was the most stable month, with a tight range of 0.0607 NGN (High: 13.4298 / Low: 13.3692).

September Spread (Volatile) ±1.4778

July Spread (Stable) ±0.0607

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2010. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 1.2330 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -1.2330

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 13.9694.

2010 Avg (January) 13.9694

Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.1051	13.8251	13.9694
February	14.0213	13.6832	13.9521
March	13.6221	13.2802	13.4653
April	13.5429	13.3309	13.4308
May	13.6261	13.0538	13.5166
June	13.5330	13.4203	13.4944
July	13.4298	13.3692	13.3903
August	13.4733	13.3629	13.3990
September	13.4496	11.9719	12.1660
October	12.2248	11.8704	12.0198
November	11.9206	11.8567	11.8851
December	12.1892	11.8905	12.0191