YEARLY HIGH
0.0246 AED
YEARLY LOW
0.0237 AED
YEARLY AVERAGE
0.0243 AED

2010 NGN to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0246. Conversely, the yearly low was recorded on September 28, dropping to 0.0237.

This high-to-low spread represents a total annual volatility of 0.0009 AED. From a start-to-finish perspective, comparing the January average rate of 0.0244 to the December average rate of 0.0241, the exchange rate registered a net change of -1.41% (reflecting a weakening trend).

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 24,609 AED
Yearly Average 24,307 AED
Yearly Trough Low 23,695 AED
Transaction Impact: A difference of 914.19 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.0245
0.0240
JanuMarcMayJulySeptNove

NGN to AED 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 0.0244, compared to 0.0243 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0244
H2 Avg (Jul–Dec) 0.0243

Volatility Range Comparison

Volatility

The most volatile month in 2010 was October, with a trading range of 0.0007 AED (High: 0.0244 / Low: 0.0238). On the other end, November was the most stable month, with a tight range of 0.0001 AED (High: 0.0245 / Low: 0.0243).

October Spread (Volatile) ±0.0007
November Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between May and July, 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 November and December, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 0.0244.

2010 Avg (January) 0.0244
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0246 0.0242 0.0244
February 0.0244 0.0240 0.0243
March 0.0246 0.0243 0.0245
April 0.0245 0.0242 0.0244
May 0.0244 0.0241 0.0242
June 0.0244 0.0241 0.0243
July 0.0246 0.0244 0.0245
August 0.0245 0.0242 0.0244
September 0.0243 0.0237 0.0241
October 0.0244 0.0238 0.0242
November 0.0245 0.0243 0.0244
December 0.0243 0.0237 0.0241