YEARLY HIGH
0.1980 GMD
YEARLY LOW
0.1719 GMD
YEARLY AVERAGE
0.1827 GMD

2010 NGN to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 15, valuing the pair at 0.1980. Conversely, the yearly low was recorded on April 29, dropping to 0.1719.

This high-to-low spread represents a total annual volatility of 0.0260 GMD. From a start-to-finish perspective, comparing the January average rate of 0.1745 to the December average rate of 0.1813, the exchange rate registered a net change of 3.91% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 197,954 GMD
Yearly Average 182,749 GMD
Yearly Trough Low 171,922 GMD
Transaction Impact: A difference of 26,032.03 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.1946
0.1727
JanuMarcMayJulySeptNove

NGN to GMD 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 0.1797, compared to 0.1858 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0061 points.

H1 Avg (Jan–Jun) 0.1797
H2 Avg (Jul–Dec) 0.1858

Volatility Range Comparison

Volatility

The most volatile month in 2010 was September, with a trading range of 0.0234 GMD (High: 0.1980 / Low: 0.1746). On the other end, February was the most stable month, with a tight range of 0.0045 GMD (High: 0.1778 / Low: 0.1734).

September Spread (Volatile) ±0.0234
February Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between January and March, 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 September and October, when the average rate fell by 0.0139 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0139

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for September 2010 is 0.1907.

2010 Avg (September) 0.1907
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1791 0.1731 0.1745
February 0.1778 0.1734 0.1755
March 0.1824 0.1749 0.1779
April 0.1790 0.1719 0.1764
May 0.1916 0.1754 0.1810
June 0.1967 0.1899 0.1927
July 0.1964 0.1803 0.1926
August 0.1933 0.1793 0.1879
September 0.1980 0.1746 0.1907
October 0.1830 0.1720 0.1769
November 0.1896 0.1822 0.1855
December 0.1886 0.1760 0.1813