YEARLY HIGH
0.0385 EGP
YEARLY LOW
0.0358 EGP
YEARLY AVERAGE
0.0373 EGP

2010 NGN to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 0.0385. Conversely, the yearly low was recorded on January 14, dropping to 0.0358.

This high-to-low spread represents a total annual volatility of 0.0027 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0362 to the December average rate of 0.0380, the exchange rate registered a net change of 4.83% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 38,464 EGP
Yearly Average 37,295 EGP
Yearly Trough Low 35,799 EGP
Transaction Impact: A difference of 2,664.99 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.0384
0.0360
JanuMarcMayJulySeptNove

NGN to EGP 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 0.0368, compared to 0.0378 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0368
H2 Avg (Jul–Dec) 0.0378

Volatility Range Comparison

Volatility

The most volatile month in 2010 was October, with a trading range of 0.0016 EGP (High: 0.0384 / Low: 0.0369). On the other end, July was the most stable month, with a tight range of 0.0002 EGP (High: 0.0380 / Low: 0.0378).

October Spread (Volatile) ±0.0016
July Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0004 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for November 2010 is 0.0382.

2010 Avg (November) 0.0382
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0367 0.0358 0.0362
February 0.0365 0.0361 0.0363
March 0.0368 0.0364 0.0365
April 0.0370 0.0366 0.0367
May 0.0374 0.0367 0.0371
June 0.0379 0.0373 0.0376
July 0.0380 0.0378 0.0379
August 0.0380 0.0376 0.0378
September 0.0378 0.0368 0.0374
October 0.0384 0.0369 0.0377
November 0.0385 0.0380 0.0382
December 0.0384 0.0375 0.0380