YEARLY HIGH
0.0108 BGN
YEARLY LOW
0.0089 BGN
YEARLY AVERAGE
0.0098 BGN

2010 NGN to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 0.0108. Conversely, the yearly low was recorded on January 13, dropping to 0.0089.

This high-to-low spread represents a total annual volatility of 0.0019 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0091 to the December average rate of 0.0097, the exchange rate registered a net change of 6.37% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 10,833 BGN
Yearly Average 9,776 BGN
Yearly Trough Low 8,887 BGN
Transaction Impact: A difference of 1,946.09 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.0107
0.0090
JanuMarcMayJulySeptNove

NGN to BGN 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 0.0098, compared to 0.0098 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0098
H2 Avg (Jul–Dec) 0.0098

Volatility Range Comparison

Volatility

The most volatile month in 2010 was September, with a trading range of 0.0009 BGN (High: 0.0102 / Low: 0.0093). On the other end, April was the most stable month, with a tight range of 0.0002 BGN (High: 0.0098 / Low: 0.0096).

September Spread (Volatile) ±0.0009
April Spread (Stable) ±0.0002

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 0.0006 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for June 2010 is 0.0106.

2010 Avg (June) 0.0106
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0093 0.0089 0.0091
February 0.0096 0.0092 0.0095
March 0.0098 0.0095 0.0096
April 0.0098 0.0096 0.0097
May 0.0106 0.0097 0.0102
June 0.0108 0.0104 0.0106
July 0.0106 0.0100 0.0102
August 0.0102 0.0098 0.0101
September 0.0102 0.0093 0.0098
October 0.0094 0.0091 0.0093
November 0.0100 0.0091 0.0095
December 0.0099 0.0095 0.0097