YEARLY HIGH
2.2612 NGN
YEARLY LOW
2.0737 NGN
YEARLY AVERAGE
2.1351 NGN

2010 LRD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the LRD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 8, valuing the pair at 2.2612. Conversely, the yearly low was recorded on February 24, dropping to 2.0737.

This high-to-low spread represents a total annual volatility of 0.1875 NGN. From a start-to-finish perspective, comparing the January average rate of 2.1395 to the December average rate of 2.2042, the exchange rate registered a net change of 3.02% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 11,306 NGN
Yearly Average 10,676 NGN
Yearly Trough Low 10,369 NGN
Transaction Impact: A difference of 937.31 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

2.2151
2.0835
JanuMarcMayJulySeptNove

LRD 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 2.1337, compared to 2.1365 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 2.1337
H2 Avg (Jul–Dec) 2.1365

Volatility Range Comparison

Volatility

The most volatile month in 2010 was November, with a trading range of 0.1392 NGN (High: 2.2298 / Low: 2.0905). On the other end, August was the most stable month, with a tight range of 0.0209 NGN (High: 2.1057 / Low: 2.0848).

November Spread (Volatile) ±0.1392
August Spread (Stable) ±0.0209

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 June and July, when the average rate fell by 0.0407 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0407

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for December 2010 is 2.2042.

2010 Avg (December) 2.2042
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1696 2.1181 2.1395
February 2.1646 2.0737 2.1299
March 2.1436 2.0744 2.1098
April 2.1902 2.0877 2.1322
May 2.1740 2.0918 2.1457
June 2.1714 2.1047 2.1453
July 2.1229 2.0848 2.1045
August 2.1057 2.0848 2.0944
September 2.1676 2.0998 2.1351
October 2.1468 2.0974 2.1214
November 2.2298 2.0905 2.1595
December 2.2612 2.1483 2.2042