YEARLY HIGH
63.7376 NGN
YEARLY LOW
52.2876 NGN
YEARLY AVERAGE
58.0597 NGN

2010 LTL to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the LTL to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 63.7376. Conversely, the yearly low was recorded on June 8, dropping to 52.2876.

This high-to-low spread represents a total annual volatility of 11.4499 NGN. From a start-to-finish perspective, comparing the January average rate of 62.1536 to the December average rate of 58.4272, the exchange rate registered a net change of -6.00% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 318,688 NGN
Yearly Average 290,299 NGN
Yearly Trough Low 261,438 NGN
Transaction Impact: A difference of 57,249.59 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

63.0245
52.5743
JanuMarcMayJulySeptNove

LTL 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 58.0215, compared to 58.0980 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0766 points.

H1 Avg (Jan–Jun) 58.0215
H2 Avg (Jul–Dec) 58.0980

Volatility Range Comparison

Volatility

The most volatile month in 2010 was September, with a trading range of 5.4550 NGN (High: 61.1478 / Low: 55.6928). On the other end, April was the most stable month, with a tight range of 1.3947 NGN (High: 59.2988 / Low: 57.9041).

September Spread (Volatile) ±5.4550
April Spread (Stable) ±1.3947

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 3.1491 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -3.1491

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 62.1536.

2010 Avg (January) 62.1536
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 63.7376 61.0568 62.1536
February 61.2669 59.0408 59.7974
March 59.8815 57.8187 58.9628
April 59.2988 57.9041 58.4594
May 58.3796 53.5340 55.3103
June 54.3691 52.2876 53.4452
July 56.8183 53.3528 55.5209
August 57.7017 55.3041 56.2284
September 61.1478 55.6928 57.6036
October 62.1552 60.2922 61.2067
November 62.0564 56.7968 59.6013
December 59.4177 57.3241 58.4272