YEARLY HIGH
0.0544 SBD
YEARLY LOW
0.0488 SBD
YEARLY AVERAGE
0.0517 SBD

2010 NGN to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 12, valuing the pair at 0.0544. Conversely, the yearly low was recorded on September 30, dropping to 0.0488.

This high-to-low spread represents a total annual volatility of 0.0055 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0523 to the December average rate of 0.0523, the exchange rate registered a net change of -0.13% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 54,367 SBD
Yearly Average 51,732 SBD
Yearly Trough Low 48,840 SBD
Transaction Impact: A difference of 5,526.77 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.0531
0.0494
JanuMarcMayJulySeptNove

NGN to SBD 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 0.0521, compared to 0.0513 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0521
H2 Avg (Jul–Dec) 0.0513

Volatility Range Comparison

Volatility

The most volatile month in 2010 was February, with a trading range of 0.0038 SBD (High: 0.0538 / Low: 0.0500). On the other end, January was the most stable month, with a tight range of 0.0009 SBD (High: 0.0528 / Low: 0.0519).

February Spread (Volatile) ±0.0038
January Spread (Stable) ±0.0009

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 August and September, when the average rate fell by 0.0012 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for April 2010 is 0.0528.

2010 Avg (April) 0.0528
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0528 0.0519 0.0523
February 0.0538 0.0500 0.0512
March 0.0530 0.0507 0.0518
April 0.0544 0.0518 0.0528
May 0.0539 0.0511 0.0526
June 0.0528 0.0508 0.0522
July 0.0526 0.0506 0.0513
August 0.0528 0.0506 0.0520
September 0.0518 0.0488 0.0508
October 0.0503 0.0489 0.0497
November 0.0534 0.0501 0.0520
December 0.0528 0.0515 0.0523