YEARLY HIGH
8.2605 KRW
YEARLY LOW
7.2846 KRW
YEARLY AVERAGE
7.6539 KRW

2010 NGN to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on June 10, valuing the pair at 8.2605. Conversely, the yearly low was recorded on October 18, dropping to 7.2846.

This high-to-low spread represents a total annual volatility of 0.9759 KRW. From a start-to-finish perspective, comparing the January average rate of 7.5810 to the December average rate of 7.5051, the exchange rate registered a net change of -1.00% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 8,260,523 KRW
Yearly Average 7,653,859 KRW
Yearly Trough Low 7,284,643 KRW
Transaction Impact: A difference of 975,880.47 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

8.1070
7.3174
JanuMarcMayJulySeptNove

NGN to KRW 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 7.6602, compared to 7.6475 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0127 points.

H1 Avg (Jan–Jun) 7.6602
H2 Avg (Jul–Dec) 7.6475

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 0.9189 KRW (High: 8.2404 / Low: 7.3215). On the other end, March was the most stable month, with a tight range of 0.1856 KRW (High: 7.6834 / Low: 7.4978).

May Spread (Volatile) ±0.9189
March Spread (Stable) ±0.1856

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 September and October, when the average rate fell by 0.2461 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2461

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for June 2010 is 8.0412.

2010 Avg (June) 8.0412
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7.7532 7.4017 7.5810
February 7.7440 7.5419 7.6542
March 7.6834 7.4978 7.5729
April 7.5135 7.3200 7.4162
May 8.2404 7.3215 7.6957
June 8.2605 7.7842 8.0412
July 8.1943 7.8674 8.0266
August 7.9121 7.7167 7.8347
September 7.8403 7.3573 7.6293
October 7.4887 7.2846 7.3832
November 7.7143 7.3472 7.5062
December 7.6215 7.3691 7.5051