YEARLY HIGH
10.0804 LBP
YEARLY LOW
9.7029 LBP
YEARLY AVERAGE
9.9522 LBP

2010 NGN to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 10.0804. Conversely, the yearly low was recorded on December 17, dropping to 9.7029.

This high-to-low spread represents a total annual volatility of 0.3776 LBP. From a start-to-finish perspective, comparing the January average rate of 10.0007 to the December average rate of 9.8422, the exchange rate registered a net change of -1.58% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 10,080,441 LBP
Yearly Average 9,952,173 LBP
Yearly Trough Low 9,702,865 LBP
Transaction Impact: A difference of 377,576.28 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

10.0279
9.8254
JanuMarcMayJulySeptNove

NGN to LBP 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 9.9752, compared to 9.9291 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0461 points.

H1 Avg (Jan–Jun) 9.9752
H2 Avg (Jul–Dec) 9.9291

Volatility Range Comparison

Volatility

The most volatile month in 2010 was October, with a trading range of 0.2914 LBP (High: 10.0155 / Low: 9.7241). On the other end, November was the most stable month, with a tight range of 0.0597 LBP (High: 9.9967 / Low: 9.9370).

October Spread (Volatile) ±0.2914
November Spread (Stable) ±0.0597

Growth Streaks & Declines

Trends

Between May and July, 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 November and December, when the average rate fell by 0.1285 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1285

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 10.0007.

2010 Avg (January) 10.0007
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.0804 9.9357 10.0007
February 9.9982 9.9206 9.9612
March 10.0558 9.9509 10.0110
April 10.0515 9.9267 9.9979
May 10.0009 9.8674 9.9292
June 10.0107 9.8683 9.9512
July 10.0345 9.9627 10.0076
August 10.0282 9.9109 9.9938
September 9.9669 9.7101 9.8735
October 10.0155 9.7241 9.8870
November 9.9967 9.9370 9.9708
December 9.9394 9.7029 9.8422