YEARLY HIGH
1.1908 DJF
YEARLY LOW
1.1466 DJF
YEARLY AVERAGE
1.1762 DJF

2010 NGN to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 1.1908. Conversely, the yearly low was recorded on September 28, dropping to 1.1466.

This high-to-low spread represents a total annual volatility of 0.0442 DJF. From a start-to-finish perspective, comparing the January average rate of 1.1812 to the December average rate of 1.1645, 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 1,190,819 DJF
Yearly Average 1,176,189 DJF
Yearly Trough Low 1,146,590 DJF
Transaction Impact: A difference of 44,228.85 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

1.1863
1.1625
JanuMarcMayJulySeptNove

NGN to DJF 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 1.1785, compared to 1.1739 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0047 points.

H1 Avg (Jan–Jun) 1.1785
H2 Avg (Jul–Dec) 1.1739

Volatility Range Comparison

Volatility

The most volatile month in 2010 was October, with a trading range of 0.0322 DJF (High: 1.1827 / Low: 1.1506). On the other end, November was the most stable month, with a tight range of 0.0064 DJF (High: 1.1838 / Low: 1.1774).

October Spread (Volatile) ±0.0322
November Spread (Stable) ±0.0064

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 0.0155 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0155

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 1.1812.

2010 Avg (January) 1.1812
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1908 1.1728 1.1812
February 1.1813 1.1592 1.1756
March 1.1899 1.1778 1.1843
April 1.1865 1.1719 1.1811
May 1.1830 1.1650 1.1730
June 1.1817 1.1649 1.1759
July 1.1891 1.1793 1.1838
August 1.1837 1.1721 1.1796
September 1.1769 1.1466 1.1665
October 1.1827 1.1506 1.1687
November 1.1838 1.1774 1.1800
December 1.1776 1.1477 1.1645