YEARLY HIGH
0.0860 MDL
YEARLY LOW
0.0761 MDL
YEARLY AVERAGE
0.0819 MDL

2010 NGN to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 3, valuing the pair at 0.0860. Conversely, the yearly low was recorded on October 17, dropping to 0.0761.

This high-to-low spread represents a total annual volatility of 0.0098 MDL. From a start-to-finish perspective, comparing the January average rate of 0.0824 to the December average rate of 0.0795, the exchange rate registered a net change of -3.51% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 85,953 MDL
Yearly Average 81,924 MDL
Yearly Trough Low 76,116 MDL
Transaction Impact: A difference of 9,837.36 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.0861
0.0766
JanuMarcMayJulySeptNove

NGN to MDL 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 0.0839, compared to 0.0799 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.0839
H2 Avg (Jul–Dec) 0.0799

Volatility Range Comparison

Volatility

The most volatile month in 2010 was September, with a trading range of 0.0054 MDL (High: 0.0820 / Low: 0.0767). On the other end, June was the most stable month, with a tight range of 0.0013 MDL (High: 0.0860 / Low: 0.0847).

September Spread (Volatile) ±0.0054
June Spread (Stable) ±0.0013

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 0.0030 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for June 2010 is 0.0853.

2010 Avg (June) 0.0853
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0839 0.0810 0.0824
February 0.0856 0.0842 0.0849
March 0.0859 0.0819 0.0839
April 0.0839 0.0820 0.0828
May 0.0852 0.0828 0.0841
June 0.0860 0.0847 0.0853
July 0.0857 0.0811 0.0833
August 0.0826 0.0791 0.0806
September 0.0820 0.0767 0.0804
October 0.0788 0.0761 0.0774
November 0.0811 0.0763 0.0784
December 0.0814 0.0772 0.0795