YEARLY HIGH
0.0244 QAR
YEARLY LOW
0.0235 QAR
YEARLY AVERAGE
0.0241 QAR

2010 NGN to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0244. Conversely, the yearly low was recorded on September 28, dropping to 0.0235.

This high-to-low spread represents a total annual volatility of 0.0009 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0242 to the December average rate of 0.0239, the exchange rate registered a net change of -1.41% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 24,390 QAR
Yearly Average 24,090 QAR
Yearly Trough Low 23,484 QAR
Transaction Impact: A difference of 905.87 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.0243
0.0238
JanuMarcMayJulySeptNove

NGN to QAR 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 0.0241, compared to 0.0240 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) 0.0241
H2 Avg (Jul–Dec) 0.0240

Volatility Range Comparison

Volatility

The most volatile month in 2010 was October, with a trading range of 0.0007 QAR (High: 0.0242 / Low: 0.0236). On the other end, November was the most stable month, with a tight range of 0.0001 QAR (High: 0.0242 / Low: 0.0241).

October Spread (Volatile) ±0.0007
November Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between May and July, 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 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 0.0242.

2010 Avg (January) 0.0242
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0244 0.0240 0.0242
February 0.0242 0.0237 0.0241
March 0.0244 0.0241 0.0243
April 0.0243 0.0240 0.0242
May 0.0242 0.0239 0.0240
June 0.0242 0.0239 0.0241
July 0.0244 0.0242 0.0242
August 0.0242 0.0240 0.0242
September 0.0241 0.0235 0.0239
October 0.0242 0.0236 0.0239
November 0.0242 0.0241 0.0242
December 0.0241 0.0235 0.0239