YEARLY HIGH
0.0477 BOB
YEARLY LOW
0.0450 BOB
YEARLY AVERAGE
0.0464 BOB

2010 NGN to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.0477. Conversely, the yearly low was recorded on December 20, dropping to 0.0450.

This high-to-low spread represents a total annual volatility of 0.0027 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0466 to the December average rate of 0.0457, the exchange rate registered a net change of -1.80% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 47,693 BOB
Yearly Average 46,395 BOB
Yearly Trough Low 44,953 BOB
Transaction Impact: A difference of 2,740.10 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.0470
0.0456
JanuMarcMayJulySeptNove

NGN to BOB 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 0.0466, compared to 0.0462 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0466
H2 Avg (Jul–Dec) 0.0462

Volatility Range Comparison

Volatility

The most volatile month in 2010 was February, with a trading range of 0.0019 BOB (High: 0.0477 / Low: 0.0458). On the other end, July was the most stable month, with a tight range of 0.0004 BOB (High: 0.0468 / Low: 0.0463).

February Spread (Volatile) ±0.0019
July Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between February and April, 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 0.0007 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for February 2010 is 0.0465.

2010 Avg (February) 0.0465
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0470 0.0461 0.0466
February 0.0477 0.0458 0.0465
March 0.0470 0.0463 0.0467
April 0.0473 0.0465 0.0469
May 0.0472 0.0458 0.0464
June 0.0467 0.0461 0.0463
July 0.0468 0.0463 0.0466
August 0.0468 0.0460 0.0465
September 0.0465 0.0450 0.0460
October 0.0466 0.0451 0.0460
November 0.0467 0.0461 0.0465
December 0.0465 0.0450 0.0457