YEARLY HIGH
0.0876 MXN
YEARLY LOW
0.0801 MXN
YEARLY AVERAGE
0.0836 MXN

2010 NGN to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0876. Conversely, the yearly low was recorded on December 21, dropping to 0.0801.

This high-to-low spread represents a total annual volatility of 0.0075 MXN. From a start-to-finish perspective, comparing the January average rate of 0.0854 to the December average rate of 0.0812, the exchange rate registered a net change of -4.92% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 87,567 MXN
Yearly Average 83,613 MXN
Yearly Trough Low 80,052 MXN
Transaction Impact: A difference of 7,515.16 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.0861
0.0807
JanuMarcMayJulySeptNove

NGN to MXN 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 0.0840, compared to 0.0832 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0840
H2 Avg (Jul–Dec) 0.0832

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 0.0067 MXN (High: 0.0873 / Low: 0.0807). On the other end, April was the most stable month, with a tight range of 0.0014 MXN (High: 0.0821 / Low: 0.0807).

May Spread (Volatile) ±0.0067
April Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between April and July, 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 March and April, when the average rate fell by 0.0025 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 0.0854.

2010 Avg (January) 0.0854
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0876 0.0839 0.0854
February 0.0871 0.0838 0.0856
March 0.0849 0.0817 0.0838
April 0.0821 0.0807 0.0813
May 0.0873 0.0807 0.0839
June 0.0854 0.0824 0.0841
July 0.0874 0.0841 0.0854
August 0.0873 0.0834 0.0848
September 0.0865 0.0806 0.0841
October 0.0827 0.0812 0.0818
November 0.0832 0.0811 0.0819
December 0.0824 0.0801 0.0812