YEARLY HIGH
62.9140 IDR
YEARLY LOW
57.6728 IDR
YEARLY AVERAGE
60.1388 IDR

2010 NGN to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 62.9140. Conversely, the yearly low was recorded on September 30, dropping to 57.6728.

This high-to-low spread represents a total annual volatility of 5.2412 IDR. From a start-to-finish perspective, comparing the January average rate of 61.8325 to the December average rate of 59.0904, the exchange rate registered a net change of -4.43% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 62,914,020 IDR
Yearly Average 60,138,760 IDR
Yearly Trough Low 57,672,773 IDR
Transaction Impact: A difference of 5,241,247.46 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

62.1504
58.3944
JanuMarcMayJulySeptNove

NGN to IDR 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 60.9703, compared to 59.3073 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6630 points.

H1 Avg (Jan–Jun) 60.9703
H2 Avg (Jul–Dec) 59.3073

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 2.4679 IDR (High: 61.8196 / Low: 59.3518). On the other end, August was the most stable month, with a tight range of 0.5629 IDR (High: 59.9287 / Low: 59.3658).

May Spread (Volatile) ±2.4679
August Spread (Stable) ±0.5629

Growth Streaks & Declines

Trends

Between April and June, 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 March and April, when the average rate fell by 0.9929 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.9929

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 61.8325.

2010 Avg (January) 61.8325
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 62.9140 60.4984 61.8325
February 62.3361 60.9655 61.8374
March 61.9134 60.1517 61.0125
April 60.6019 59.4608 60.0196
May 61.8196 59.3518 60.5328
June 61.6021 59.6020 60.5868
July 60.5481 59.5026 60.2109
August 59.9287 59.3658 59.5881
September 59.6933 57.6728 58.8240
October 59.4563 57.7207 58.7074
November 59.9225 59.0272 59.4227
December 59.6823 58.3022 59.0904