YEARLY HIGH
0.0516 NAD
YEARLY LOW
0.0433 NAD
YEARLY AVERAGE
0.0484 NAD

2010 NGN to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 0.0516. Conversely, the yearly low was recorded on December 29, dropping to 0.0433.

This high-to-low spread represents a total annual volatility of 0.0083 NAD. From a start-to-finish perspective, comparing the January average rate of 0.0495 to the December average rate of 0.0448, the exchange rate registered a net change of -9.64% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 51,573 NAD
Yearly Average 48,423 NAD
Yearly Trough Low 43,300 NAD
Transaction Impact: A difference of 8,272.60 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.0513
0.0442
JanuMarcMayJulySeptNove

NGN to NAD 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 0.0498, compared to 0.0470 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0498
H2 Avg (Jul–Dec) 0.0470

Volatility Range Comparison

Volatility

The most volatile month in 2010 was September, with a trading range of 0.0038 NAD (High: 0.0487 / Low: 0.0450). On the other end, August was the most stable month, with a tight range of 0.0008 NAD (High: 0.0489 / Low: 0.0481).

September Spread (Volatile) ±0.0038
August Spread (Stable) ±0.0008

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 July and August, when the average rate fell by 0.0018 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for June 2010 is 0.0507.

2010 Avg (June) 0.0507
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0506 0.0488 0.0495
February 0.0513 0.0494 0.0505
March 0.0512 0.0484 0.0494
April 0.0496 0.0483 0.0487
May 0.0512 0.0484 0.0500
June 0.0516 0.0498 0.0507
July 0.0516 0.0487 0.0503
August 0.0489 0.0481 0.0484
September 0.0487 0.0450 0.0469
October 0.0465 0.0446 0.0454
November 0.0473 0.0458 0.0464
December 0.0468 0.0433 0.0448