YEARLY HIGH
0.0458 CNY
YEARLY LOW
0.0430 CNY
YEARLY AVERAGE
0.0448 CNY

2010 NGN to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0458. Conversely, the yearly low was recorded on December 17, dropping to 0.0430.

This high-to-low spread represents a total annual volatility of 0.0027 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0454 to the December average rate of 0.0436, the exchange rate registered a net change of -4.00% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 45,752 CNY
Yearly Average 44,807 CNY
Yearly Trough Low 43,019 CNY
Transaction Impact: A difference of 2,732.75 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.0457
0.0434
JanuMarcMayJulySeptNove

NGN to CNY 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 0.0453, compared to 0.0443 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0453
H2 Avg (Jul–Dec) 0.0443

Volatility Range Comparison

Volatility

The most volatile month in 2010 was September, with a trading range of 0.0019 CNY (High: 0.0451 / Low: 0.0432). On the other end, July was the most stable month, with a tight range of 0.0004 CNY (High: 0.0453 / Low: 0.0450).

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

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 August and September, when the average rate fell by 0.0008 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 0.0454.

2010 Avg (January) 0.0454
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0458 0.0451 0.0454
February 0.0454 0.0445 0.0452
March 0.0457 0.0452 0.0455
April 0.0456 0.0450 0.0454
May 0.0454 0.0448 0.0451
June 0.0454 0.0448 0.0451
July 0.0453 0.0450 0.0451
August 0.0452 0.0449 0.0451
September 0.0451 0.0432 0.0443
October 0.0445 0.0433 0.0439
November 0.0445 0.0440 0.0442
December 0.0442 0.0430 0.0436