YEARLY HIGH
0.0134 BBD
YEARLY LOW
0.0129 BBD
YEARLY AVERAGE
0.0132 BBD

2010 NGN to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0134. Conversely, the yearly low was recorded on September 28, dropping to 0.0129.

This high-to-low spread represents a total annual volatility of 0.0005 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0133 to the December average rate of 0.0131, 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 13,401 BBD
Yearly Average 13,236 BBD
Yearly Trough Low 12,903 BBD
Transaction Impact: A difference of 497.73 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.0134
0.0131
JanuMarcMayJulySeptNove

NGN to BBD 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 0.0133, compared to 0.0132 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) 0.0133
H2 Avg (Jul–Dec) 0.0132

Volatility Range Comparison

Volatility

The most volatile month in 2010 was October, with a trading range of 0.0004 BBD (High: 0.0133 / Low: 0.0129). On the other end, November was the most stable month, with a tight range of 0.0001 BBD (High: 0.0133 / Low: 0.0133).

October Spread (Volatile) ±0.0004
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 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 0.0133.

2010 Avg (January) 0.0133
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0134 0.0132 0.0133
February 0.0133 0.0130 0.0132
March 0.0134 0.0133 0.0133
April 0.0134 0.0132 0.0133
May 0.0133 0.0131 0.0132
June 0.0133 0.0131 0.0132
July 0.0134 0.0133 0.0133
August 0.0133 0.0132 0.0133
September 0.0132 0.0129 0.0131
October 0.0133 0.0129 0.0132
November 0.0133 0.0133 0.0133
December 0.0133 0.0129 0.0131