YEARLY HIGH
0.1329 NIO
YEARLY LOW
0.1270 NIO
YEARLY AVERAGE
0.1295 NIO

2010 NGN to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 0.1329. Conversely, the yearly low was recorded on September 28, dropping to 0.1270.

This high-to-low spread represents a total annual volatility of 0.0058 NIO. From a start-to-finish perspective, comparing the January average rate of 0.1284 to the December average rate of 0.1297, the exchange rate registered a net change of 1.01% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 132,854 NIO
Yearly Average 129,533 NIO
Yearly Trough Low 127,041 NIO
Transaction Impact: A difference of 5,813.23 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.1315
0.1281
JanuMarcMayJulySeptNove

NGN to NIO 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 0.1290, compared to 0.1301 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.1290
H2 Avg (Jul–Dec) 0.1301

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 0.0048 NIO (High: 0.1329 / Low: 0.1280). On the other end, November was the most stable month, with a tight range of 0.0006 NIO (High: 0.1315 / Low: 0.1309).

May Spread (Volatile) ±0.0048
November Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between February and April, 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 November and December, when the average rate fell by 0.0014 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for May 2010 is 0.1293.

2010 Avg (May) 0.1293
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1294 0.1275 0.1284
February 0.1306 0.1277 0.1284
March 0.1308 0.1277 0.1291
April 0.1304 0.1285 0.1295
May 0.1329 0.1280 0.1293
June 0.1300 0.1288 0.1294
July 0.1306 0.1300 0.1304
August 0.1306 0.1296 0.1303
September 0.1301 0.1270 0.1291
October 0.1314 0.1275 0.1297
November 0.1315 0.1309 0.1312
December 0.1311 0.1279 0.1297