YEARLY HIGH
0.0441 NOK
YEARLY LOW
0.0372 NOK
YEARLY AVERAGE
0.0400 NOK

2010 NGN to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 0.0441. Conversely, the yearly low was recorded on January 14, dropping to 0.0372.

This high-to-low spread represents a total annual volatility of 0.0069 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0382 to the December average rate of 0.0392, the exchange rate registered a net change of 2.53% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 44,115 NOK
Yearly Average 40,006 NOK
Yearly Trough Low 37,187 NOK
Transaction Impact: A difference of 6,928.02 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.0433
0.0377
JanuMarcMayJulySeptNove

NGN to NOK 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 0.0401, compared to 0.0399 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0401
H2 Avg (Jul–Dec) 0.0399

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 0.0048 NOK (High: 0.0438 / Low: 0.0390). On the other end, April was the most stable month, with a tight range of 0.0009 NOK (High: 0.0398 / Low: 0.0390).

May Spread (Volatile) ±0.0048
April Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between January and March, 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 0.0014 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 June 2010 is 0.0428.

2010 Avg (June) 0.0428
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0391 0.0372 0.0382
February 0.0396 0.0386 0.0392
March 0.0405 0.0387 0.0395
April 0.0398 0.0390 0.0393
May 0.0438 0.0390 0.0414
June 0.0441 0.0420 0.0428
July 0.0432 0.0405 0.0418
August 0.0419 0.0397 0.0408
September 0.0411 0.0378 0.0398
October 0.0392 0.0377 0.0384
November 0.0412 0.0381 0.0396
December 0.0407 0.0383 0.0392