YEARLY HIGH
12.1117 NGN
YEARLY LOW
11.6596 NGN
YEARLY AVERAGE
11.8048 NGN

2010 MVR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the MVR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 28, valuing the pair at 12.1117. Conversely, the yearly low was recorded on January 6, dropping to 11.6596.

This high-to-low spread represents a total annual volatility of 0.4521 NGN. From a start-to-finish perspective, comparing the January average rate of 11.7555 to the December average rate of 11.9243, the exchange rate registered a net change of 1.44% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 60,559 NGN
Yearly Average 59,024 NGN
Yearly Trough Low 58,298 NGN
Transaction Impact: A difference of 2,260.63 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

11.9445
11.7022
JanuMarcMayJulySeptNove

MVR 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 11.7814, compared to 11.8282 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0468 points.

H1 Avg (Jan–Jun) 11.7814
H2 Avg (Jul–Dec) 11.8282

Volatility Range Comparison

Volatility

The most volatile month in 2010 was October, with a trading range of 0.3304 NGN (High: 12.0676 / Low: 11.7371). On the other end, November was the most stable month, with a tight range of 0.0633 NGN (High: 11.7897 / Low: 11.7264).

October Spread (Volatile) ±0.3304
November Spread (Stable) ±0.0633

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1156 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1156

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for September 2010 is 11.9011.

2010 Avg (September) 11.9011
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.8387 11.6596 11.7555
February 11.9775 11.7537 11.8110
March 11.7882 11.6661 11.7224
April 11.8458 11.7050 11.7555
May 11.9182 11.7367 11.8367
June 11.9188 11.7498 11.8071
July 11.7734 11.6746 11.7282
August 11.8460 11.7282 11.7702
September 12.1117 11.7975 11.9011
October 12.0676 11.7371 11.8805
November 11.7897 11.7264 11.7649
December 12.1000 11.7882 11.9243