YEARLY HIGH
0.0191 LTL
YEARLY LOW
0.0157 LTL
YEARLY AVERAGE
0.0173 LTL

2010 NGN to LTL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to LTL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 0.0191. Conversely, the yearly low was recorded on January 13, dropping to 0.0157.

This high-to-low spread represents a total annual volatility of 0.0034 LTL. From a start-to-finish perspective, comparing the January average rate of 0.0161 to the December average rate of 0.0171, 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 19,125 LTL
Yearly Average 17,259 LTL
Yearly Trough Low 15,689 LTL
Transaction Impact: A difference of 3,435.64 LTL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.0190
0.0158
JanuMarcMayJulySeptNove

NGN to LTL 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 0.0173, compared to 0.0172 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0173
H2 Avg (Jul–Dec) 0.0172

Volatility Range Comparison

Volatility

The most volatile month in 2010 was September, with a trading range of 0.0016 LTL (High: 0.0180 / Low: 0.0164). On the other end, April was the most stable month, with a tight range of 0.0004 LTL (High: 0.0173 / Low: 0.0169).

September Spread (Volatile) ±0.0016
April Spread (Stable) ±0.0004

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 0.0010 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for June 2010 is 0.0187.

2010 Avg (June) 0.0187
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0164 0.0157 0.0161
February 0.0169 0.0163 0.0167
March 0.0173 0.0167 0.0170
April 0.0173 0.0169 0.0171
May 0.0187 0.0171 0.0181
June 0.0191 0.0184 0.0187
July 0.0187 0.0176 0.0180
August 0.0181 0.0173 0.0178
September 0.0180 0.0164 0.0174
October 0.0166 0.0161 0.0163
November 0.0176 0.0161 0.0168
December 0.0174 0.0168 0.0171