YEARLY HIGH
19.4022 NGN
YEARLY LOW
16.4845 NGN
YEARLY AVERAGE
17.9664 NGN

2010 MAD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the MAD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 19.4022. Conversely, the yearly low was recorded on June 8, dropping to 16.4845.

This high-to-low spread represents a total annual volatility of 2.9177 NGN. From a start-to-finish perspective, comparing the January average rate of 19.0125 to the December average rate of 18.1001, the exchange rate registered a net change of -4.80% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 97,011 NGN
Yearly Average 89,832 NGN
Yearly Trough Low 82,422 NGN
Transaction Impact: A difference of 14,588.47 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

19.2354
16.5609
JanuMarcMayJulySeptNove

MAD 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 17.9506, compared to 17.9821 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0314 points.

H1 Avg (Jan–Jun) 17.9506
H2 Avg (Jul–Dec) 17.9821

Volatility Range Comparison

Volatility

The most volatile month in 2010 was September, with a trading range of 1.4918 NGN (High: 18.8383 / Low: 17.3465). On the other end, April was the most stable month, with a tight range of 0.3732 NGN (High: 18.2715 / Low: 17.8983).

September Spread (Volatile) ±1.4918
April Spread (Stable) ±0.3732

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 0.7807 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.7807

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 19.0125.

2010 Avg (January) 19.0125
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.4022 18.7105 19.0125
February 18.7688 18.2052 18.4096
March 18.4128 17.8788 18.1774
April 18.2715 17.8983 18.0506
May 18.0727 16.8174 17.2700
June 17.0054 16.4845 16.7837
July 17.6181 16.7190 17.2918
August 17.8415 17.2334 17.4893
September 18.8383 17.3465 17.8786
October 19.0387 18.5009 18.7907
November 18.9747 17.6462 18.3418
December 18.3734 17.7824 18.1001