YEARLY HIGH
13.1379 NGN
YEARLY LOW
11.6343 NGN
YEARLY AVERAGE
12.2201 NGN

2010 MDL to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the MDL to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 15, valuing the pair at 13.1379. Conversely, the yearly low was recorded on June 3, dropping to 11.6343.

This high-to-low spread represents a total annual volatility of 1.5036 NGN. From a start-to-finish perspective, comparing the January average rate of 12.1378 to the December average rate of 12.5795, the exchange rate registered a net change of 3.64% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 65,690 NGN
Yearly Average 61,101 NGN
Yearly Trough Low 58,171 NGN
Transaction Impact: A difference of 7,518.21 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

13.0395
11.5989
JanuMarcMayJulySeptNove

MDL 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 11.9202, compared to 12.5200 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5997 points.

H1 Avg (Jan–Jun) 11.9202
H2 Avg (Jul–Dec) 12.5200

Volatility Range Comparison

Volatility

The most volatile month in 2010 was September, with a trading range of 0.8515 NGN (High: 13.0414 / Low: 12.1899). On the other end, June was the most stable month, with a tight range of 0.1777 NGN (High: 11.8120 / Low: 11.6343).

September Spread (Volatile) ±0.8515
June Spread (Stable) ±0.1777

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 January and February, when the average rate fell by 0.3645 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.3645

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for October 2010 is 12.9195.

2010 Avg (October) 12.9195
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.3450 11.9186 12.1378
February 11.8704 11.6757 11.7733
March 12.2128 11.6402 11.9162
April 12.1933 11.9157 12.0825
May 12.0774 11.7411 11.8926
June 11.8120 11.6343 11.7189
July 12.3245 11.6638 12.0060
August 12.6485 12.1101 12.4132
September 13.0414 12.1899 12.4451
October 13.1379 12.6952 12.9195
November 13.1001 12.3301 12.7565
December 12.9493 12.2856 12.5795