2010 LTL to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2010.
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).
Comparing the value generated converting 5,000 LTL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2010.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 62.1536.
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 |