YEARLY HIGH
0.0055 EUR
YEARLY LOW
0.0046 EUR
YEARLY AVERAGE
0.0050 EUR

2010 NGN to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 0.0055. Conversely, the yearly low was recorded on January 14, dropping to 0.0046.

This high-to-low spread represents a total annual volatility of 0.0010 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0047 to the December average rate of 0.0050, the exchange rate registered a net change of 6.30% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 5,540 EUR
Yearly Average 4,997 EUR
Yearly Trough Low 4,555 EUR
Transaction Impact: A difference of 985.06 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.0055
0.0046
JanuMarcMayJulySeptNove

NGN to EUR 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 0.0050, compared to 0.0050 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0050
H2 Avg (Jul–Dec) 0.0050

Volatility Range Comparison

Volatility

The most volatile month in 2010 was September, with a trading range of 0.0005 EUR (High: 0.0052 / Low: 0.0047). On the other end, April was the most stable month, with a tight range of 0.0001 EUR (High: 0.0050 / Low: 0.0049).

September Spread (Volatile) ±0.0005
April Spread (Stable) ±0.0001

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 0.0003 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for June 2010 is 0.0054.

2010 Avg (June) 0.0054
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0048 0.0046 0.0047
February 0.0049 0.0047 0.0048
March 0.0050 0.0048 0.0049
April 0.0050 0.0049 0.0049
May 0.0054 0.0050 0.0052
June 0.0055 0.0053 0.0054
July 0.0054 0.0051 0.0052
August 0.0052 0.0050 0.0051
September 0.0052 0.0047 0.0050
October 0.0048 0.0047 0.0047
November 0.0051 0.0047 0.0049
December 0.0050 0.0049 0.0050