YEARLY HIGH
46.7867 GNF
YEARLY LOW
32.8770 GNF
YEARLY AVERAGE
36.8949 GNF

2010 NGN to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 46.7867. Conversely, the yearly low was recorded on May 23, dropping to 32.8770.

This high-to-low spread represents a total annual volatility of 13.9097 GNF. From a start-to-finish perspective, comparing the January average rate of 33.1658 to the December average rate of 45.5893, the exchange rate registered a net change of 37.46% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 46,786,663 GNF
Yearly Average 36,894,883 GNF
Yearly Trough Low 32,877,004 GNF
Transaction Impact: A difference of 13,909,658.86 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

47.1144
31.8954
JanuMarcMayJulySeptNove

NGN to GNF 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 33.2899, compared to 40.4999 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.2100 points.

H1 Avg (Jan–Jun) 33.2899
H2 Avg (Jul–Dec) 40.4999

Volatility Range Comparison

Volatility

The most volatile month in 2010 was September, with a trading range of 5.6823 GNF (High: 41.8461 / Low: 36.1638). On the other end, March was the most stable month, with a tight range of 0.3112 GNF (High: 33.5731 / Low: 33.2619).

September Spread (Volatile) ±5.6823
March Spread (Stable) ±0.3112

Growth Streaks & Declines

Trends

Between May and November, 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 November and December, when the average rate fell by 0.2569 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.2569

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for December 2010 is 45.5893.

2010 Avg (December) 45.5893
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 33.4387 32.9314 33.1658
February 33.4935 32.9802 33.2592
March 33.5731 33.2619 33.4469
April 33.5397 32.9654 33.3409
May 33.4428 32.8770 33.1637
June 33.5882 33.1018 33.3630
July 34.2762 33.3944 33.5693
August 35.4508 33.5943 34.6294
September 41.8461 36.1638 38.4495
October 46.6371 41.5840 44.9155
November 46.4394 45.2716 45.8462
December 46.7867 44.6933 45.5893