YEARLY HIGH
0.3139 INR
YEARLY LOW
0.2877 INR
YEARLY AVERAGE
0.3025 INR

2010 NGN to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 0.3139. Conversely, the yearly low was recorded on October 3, dropping to 0.2877.

This high-to-low spread represents a total annual volatility of 0.0262 INR. From a start-to-finish perspective, comparing the January average rate of 0.3056 to the December average rate of 0.2956, the exchange rate registered a net change of -3.28% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 313,938 INR
Yearly Average 302,470 INR
Yearly Trough Low 287,689 INR
Transaction Impact: A difference of 26,248.84 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.3137
0.2899
JanuMarcMayJulySeptNove

NGN to INR 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 0.3035, compared to 0.3014 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.3035
H2 Avg (Jul–Dec) 0.3014

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 0.0205 INR (High: 0.3139 / Low: 0.2934). On the other end, August was the most stable month, with a tight range of 0.0041 INR (High: 0.3108 / Low: 0.3066).

May Spread (Volatile) ±0.0205
August Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0098 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0098

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for May 2010 is 0.3024.

2010 Avg (May) 0.3024
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3108 0.3010 0.3056
February 0.3088 0.3022 0.3065
March 0.3063 0.2977 0.3029
April 0.2985 0.2928 0.2956
May 0.3139 0.2934 0.3024
June 0.3125 0.3018 0.3081
July 0.3138 0.3089 0.3117
August 0.3108 0.3066 0.3089
September 0.3099 0.2895 0.3017
October 0.2958 0.2877 0.2919
November 0.3044 0.2924 0.2987
December 0.3001 0.2923 0.2956