YEARLY HIGH
0.4822 LRD
YEARLY LOW
0.4422 LRD
YEARLY AVERAGE
0.4685 LRD

2010 NGN to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.4822. Conversely, the yearly low was recorded on December 8, dropping to 0.4422.

This high-to-low spread represents a total annual volatility of 0.0400 LRD. From a start-to-finish perspective, comparing the January average rate of 0.4674 to the December average rate of 0.4538, the exchange rate registered a net change of -2.92% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 482,228 LRD
Yearly Average 468,492 LRD
Yearly Trough Low 442,249 LRD
Transaction Impact: A difference of 39,979.21 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.4798
0.4514
JanuMarcMayJulySeptNove

NGN to LRD 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 0.4687, compared to 0.4682 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.4687
H2 Avg (Jul–Dec) 0.4682

Volatility Range Comparison

Volatility

The most volatile month in 2010 was November, with a trading range of 0.0299 LRD (High: 0.4784 / Low: 0.4485). On the other end, August was the most stable month, with a tight range of 0.0048 LRD (High: 0.4797 / Low: 0.4749).

November Spread (Volatile) ±0.0299
August Spread (Stable) ±0.0048

Growth Streaks & Declines

Trends

Between May and August, 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 November and December, when the average rate fell by 0.0095 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0095

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for February 2010 is 0.4695.

2010 Avg (February) 0.4695
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4721 0.4609 0.4674
February 0.4822 0.4620 0.4695
March 0.4821 0.4665 0.4740
April 0.4790 0.4566 0.4692
May 0.4781 0.4600 0.4661
June 0.4751 0.4605 0.4662
July 0.4797 0.4711 0.4752
August 0.4797 0.4749 0.4775
September 0.4762 0.4613 0.4684
October 0.4768 0.4658 0.4714
November 0.4784 0.4485 0.4633
December 0.4655 0.4422 0.4538