2010 NGN to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2010.
2010 NGN to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2010
During 2010, the NGN to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 3.9536. Conversely, the yearly low was recorded on September 30, dropping to 3.7560.
This high-to-low spread represents a total annual volatility of 0.1975 RWF. From a start-to-finish perspective, comparing the January average rate of 3.7947 to the December average rate of 3.8799, the exchange rate registered a net change of 2.24% (reflecting a strengthening trend).
Comparing the value generated converting 1,000,000 NGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2010.
NGN to RWF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3.8142, compared to 3.8889 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0747 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2010 was October, with a trading range of 0.1313 RWF (High: 3.9080 / Low: 3.7767). On the other end, February was the most stable month, with a tight range of 0.0285 RWF (High: 3.8055 / Low: 3.7770).
Growth Streaks & Declines
TrendsBetween 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 August and September, when the average rate fell by 0.0533 points.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for November 2010 is 3.9219.
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.8259 | 3.7691 | 3.7947 |
| February | 3.8055 | 3.7770 | 3.7940 |
| March | 3.8272 | 3.7980 | 3.8099 |
| April | 3.8342 | 3.7977 | 3.8162 |
| May | 3.8396 | 3.7832 | 3.8144 |
| June | 3.9013 | 3.8265 | 3.8560 |
| July | 3.9450 | 3.9008 | 3.9227 |
| August | 3.9234 | 3.8732 | 3.9041 |
| September | 3.8832 | 3.7560 | 3.8508 |
| October | 3.9080 | 3.7767 | 3.8541 |
| November | 3.9536 | 3.8642 | 3.9219 |
| December | 3.9246 | 3.8137 | 3.8799 |