YEARLY HIGH
0.0067 BMD
YEARLY LOW
0.0065 BMD
YEARLY AVERAGE
0.0066 BMD

2010 NGN to BMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to BMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0067. Conversely, the yearly low was recorded on September 28, dropping to 0.0065.

This high-to-low spread represents a total annual volatility of 0.0002 BMD. From a start-to-finish perspective, comparing the January average rate of 0.0066 to the December average rate of 0.0066, 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 6,700 BMD
Yearly Average 6,618 BMD
Yearly Trough Low 6,452 BMD
Transaction Impact: A difference of 248.87 BMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.0067
0.0065
JanuMarcMayJulySeptNove

NGN to BMD 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 0.0066, compared to 0.0066 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) 0.0066
H2 Avg (Jul–Dec) 0.0066

Volatility Range Comparison

Volatility

The most volatile month in 2010 was October, with a trading range of 0.0002 BMD (High: 0.0067 / Low: 0.0065). On the other end, November was the most stable month, with a tight range of 0.0000 BMD (High: 0.0067 / Low: 0.0066).

October Spread (Volatile) ±0.0002
November Spread (Stable) ±0.0000

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 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 0.0066.

2010 Avg (January) 0.0066
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0067 0.0066 0.0066
February 0.0066 0.0065 0.0066
March 0.0067 0.0066 0.0067
April 0.0067 0.0066 0.0066
May 0.0067 0.0066 0.0066
June 0.0066 0.0066 0.0066
July 0.0067 0.0066 0.0067
August 0.0067 0.0066 0.0066
September 0.0066 0.0065 0.0066
October 0.0067 0.0065 0.0066
November 0.0067 0.0066 0.0066
December 0.0066 0.0065 0.0066