YEARLY HIGH
0.0304 NGN
YEARLY LOW
0.0214 NGN
YEARLY AVERAGE
0.0276 NGN

2010 GNF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the GNF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 21, valuing the pair at 0.0304. Conversely, the yearly low was recorded on December 27, dropping to 0.0214.

This high-to-low spread represents a total annual volatility of 0.0090 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0302 to the December average rate of 0.0219, the exchange rate registered a net change of -27.24% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 152 NGN
Yearly Average 138 NGN
Yearly Trough Low 107 NGN
Transaction Impact: A difference of 45.21 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.0310
0.0210
JanuMarcMayJulySeptNove

GNF 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 0.0300, compared to 0.0251 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 0.0300
H2 Avg (Jul–Dec) 0.0251

Volatility Range Comparison

Volatility

The most volatile month in 2010 was September, with a trading range of 0.0038 NGN (High: 0.0277 / Low: 0.0239). On the other end, March was the most stable month, with a tight range of 0.0003 NGN (High: 0.0301 / Low: 0.0298).

September Spread (Volatile) ±0.0038
March Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between March and May, 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 September and October, when the average rate fell by 0.0038 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for May 2010 is 0.0302.

2010 Avg (May) 0.0302
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0304 0.0299 0.0302
February 0.0303 0.0299 0.0301
March 0.0301 0.0298 0.0299
April 0.0303 0.0298 0.0300
May 0.0304 0.0299 0.0302
June 0.0302 0.0298 0.0300
July 0.0299 0.0292 0.0298
August 0.0298 0.0282 0.0289
September 0.0277 0.0239 0.0261
October 0.0240 0.0214 0.0223
November 0.0221 0.0215 0.0218
December 0.0224 0.0214 0.0219