YEARLY HIGH
2.7250 KMF
YEARLY LOW
2.2355 KMF
YEARLY AVERAGE
2.4592 KMF

2010 NGN to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 2.7250. Conversely, the yearly low was recorded on January 13, dropping to 2.2355.

This high-to-low spread represents a total annual volatility of 0.4895 KMF. From a start-to-finish perspective, comparing the January average rate of 2.2928 to the December average rate of 2.4389, the exchange rate registered a net change of 6.37% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 2,724,999 KMF
Yearly Average 2,459,178 KMF
Yearly Trough Low 2,235,476 KMF
Transaction Impact: A difference of 489,523.10 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

2.7036
2.2554
JanuMarcMayJulySeptNove

NGN to KMF 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 2.4623, compared to 2.4561 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0062 points.

H1 Avg (Jan–Jun) 2.4623
H2 Avg (Jul–Dec) 2.4561

Volatility Range Comparison

Volatility

The most volatile month in 2010 was September, with a trading range of 0.2282 KMF (High: 2.5584 / Low: 2.3302). On the other end, April was the most stable month, with a tight range of 0.0579 KMF (High: 2.4607 / Low: 2.4028).

September Spread (Volatile) ±0.2282
April Spread (Stable) ±0.0579

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 0.1478 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1478

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for June 2010 is 2.6663.

2010 Avg (June) 2.6663
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3336 2.2355 2.2928
February 2.4133 2.3256 2.3830
March 2.4643 2.3794 2.4167
April 2.4607 2.4028 2.4374
May 2.6616 2.4406 2.5776
June 2.7250 2.6207 2.6663
July 2.6706 2.5077 2.5673
August 2.5764 2.4693 2.5345
September 2.5584 2.3302 2.4758
October 2.3632 2.2924 2.3281
November 2.5087 2.2960 2.3918
December 2.4856 2.3980 2.4389