YEARLY HIGH
12.4918 NGN
YEARLY LOW
11.4198 NGN
YEARLY AVERAGE
11.9659 NGN

2010 MXN to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the MXN to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 12.4918. Conversely, the yearly low was recorded on January 3, dropping to 11.4198.

This high-to-low spread represents a total annual volatility of 1.0721 NGN. From a start-to-finish perspective, comparing the January average rate of 11.7117 to the December average rate of 12.3172, the exchange rate registered a net change of 5.17% (reflecting a strengthening trend).

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 624,591 NGN
Yearly Average 598,293 NGN
Yearly Trough Low 570,988 NGN
Transaction Impact: A difference of 53,603.27 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

12.3810
11.6153
JanuMarcMayJulySeptNove

MXN 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 11.9048, compared to 12.0269 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1220 points.

H1 Avg (Jan–Jun) 11.9048
H2 Avg (Jul–Dec) 12.0269

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 0.9451 NGN (High: 12.3935 / Low: 11.4484). On the other end, April was the most stable month, with a tight range of 0.2189 NGN (High: 12.3983 / Low: 12.1793).

May Spread (Volatile) ±0.9451
April Spread (Stable) ±0.2189

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.3775 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3775

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for December 2010 is 12.3172.

2010 Avg (December) 12.3172
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.9205 11.4198 11.7117
February 11.9398 11.4868 11.6791
March 12.2382 11.7752 11.9357
April 12.3983 12.1793 12.2951
May 12.3935 11.4484 11.9176
June 12.1405 11.7054 11.8898
July 11.8904 11.4387 11.7082
August 11.9898 11.4587 11.7984
September 12.4113 11.5673 11.8952
October 12.3222 12.0849 12.2273
November 12.3294 12.0200 12.2148
December 12.4918 12.1343 12.3172