YEARLY HIGH
0.5878 NGN
YEARLY LOW
0.5266 NGN
YEARLY AVERAGE
0.5525 NGN

2010 MRO to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the MRO to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 0.5878. Conversely, the yearly low was recorded on August 3, dropping to 0.5266.

This high-to-low spread represents a total annual volatility of 0.0611 NGN. From a start-to-finish perspective, comparing the January average rate of 0.5772 to the December average rate of 0.5446, the exchange rate registered a net change of -5.64% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 2,939 NGN
Yearly Average 2,762 NGN
Yearly Trough Low 2,633 NGN
Transaction Impact: A difference of 305.72 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.5880
0.5255
JanuMarcMayJulySeptNove

MRO 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 0.5682, compared to 0.5367 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0315 points.

H1 Avg (Jan–Jun) 0.5682
H2 Avg (Jul–Dec) 0.5367

Volatility Range Comparison

Volatility

The most volatile month in 2010 was November, with a trading range of 0.0201 NGN (High: 0.5504 / Low: 0.5302). On the other end, February was the most stable month, with a tight range of 0.0098 NGN (High: 0.5878 / Low: 0.5780).

November Spread (Volatile) ±0.0201
February Spread (Stable) ±0.0098

Growth Streaks & Declines

Trends

Between August and December, 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 June and July, when the average rate fell by 0.0170 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0170

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for February 2010 is 0.5828.

2010 Avg (February) 0.5828
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5827 0.5693 0.5772
February 0.5878 0.5780 0.5828
March 0.5783 0.5675 0.5728
April 0.5735 0.5630 0.5675
May 0.5675 0.5547 0.5599
June 0.5565 0.5378 0.5492
July 0.5379 0.5266 0.5322
August 0.5367 0.5266 0.5307
September 0.5419 0.5288 0.5337
October 0.5452 0.5283 0.5370
November 0.5504 0.5302 0.5419
December 0.5531 0.5357 0.5446