YEARLY HIGH
0.7549 ALL
YEARLY LOW
0.6209 ALL
YEARLY AVERAGE
0.6886 ALL

2010 NGN to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 0.7549. Conversely, the yearly low was recorded on January 12, dropping to 0.6209.

This high-to-low spread represents a total annual volatility of 0.1340 ALL. From a start-to-finish perspective, comparing the January average rate of 0.6441 to the December average rate of 0.6876, the exchange rate registered a net change of 6.74% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 754,900 ALL
Yearly Average 688,550 ALL
Yearly Trough Low 620,945 ALL
Transaction Impact: A difference of 133,954.95 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.7510
0.6344
JanuMarcMayJulySeptNove

NGN to ALL 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 0.6906, compared to 0.6865 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.6906
H2 Avg (Jul–Dec) 0.6865

Volatility Range Comparison

Volatility

The most volatile month in 2010 was September, with a trading range of 0.0559 ALL (High: 0.7113 / Low: 0.6554). On the other end, April was the most stable month, with a tight range of 0.0164 ALL (High: 0.6929 / Low: 0.6765).

September Spread (Volatile) ±0.0559
April Spread (Stable) ±0.0164

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0337 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0337

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for June 2010 is 0.7413.

2010 Avg (June) 0.7413
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6613 0.6209 0.6441
February 0.6797 0.6588 0.6714
March 0.6935 0.6750 0.6830
April 0.6929 0.6765 0.6864
May 0.7394 0.6855 0.7176
June 0.7549 0.7298 0.7413
July 0.7378 0.6947 0.7108
August 0.7135 0.6836 0.7016
September 0.7113 0.6554 0.6887
October 0.6654 0.6468 0.6550
November 0.7058 0.6530 0.6751
December 0.7012 0.6780 0.6876