YEARLY HIGH
0.6107 CVE
YEARLY LOW
0.5010 CVE
YEARLY AVERAGE
0.5512 CVE

2010 NGN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 0.6107. Conversely, the yearly low was recorded on January 13, dropping to 0.5010.

This high-to-low spread represents a total annual volatility of 0.1097 CVE. From a start-to-finish perspective, comparing the January average rate of 0.5139 to the December average rate of 0.5466, 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 610,739 CVE
Yearly Average 551,162 CVE
Yearly Trough Low 501,025 CVE
Transaction Impact: A difference of 109,714.04 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.6059
0.5055
JanuMarcMayJulySeptNove

NGN to CVE 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 0.5519, compared to 0.5505 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.5519
H2 Avg (Jul–Dec) 0.5505

Volatility Range Comparison

Volatility

The most volatile month in 2010 was September, with a trading range of 0.0512 CVE (High: 0.5734 / Low: 0.5222). On the other end, April was the most stable month, with a tight range of 0.0130 CVE (High: 0.5515 / Low: 0.5385).

September Spread (Volatile) ±0.0512
April Spread (Stable) ±0.0130

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 0.0331 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0331

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for June 2010 is 0.5976.

2010 Avg (June) 0.5976
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5230 0.5010 0.5139
February 0.5409 0.5212 0.5341
March 0.5523 0.5333 0.5417
April 0.5515 0.5385 0.5463
May 0.5965 0.5470 0.5777
June 0.6107 0.5874 0.5976
July 0.5985 0.5620 0.5754
August 0.5774 0.5534 0.5680
September 0.5734 0.5222 0.5549
October 0.5297 0.5138 0.5218
November 0.5623 0.5146 0.5361
December 0.5571 0.5375 0.5466