YEARLY HIGH
0.0534 SEK
YEARLY LOW
0.0431 SEK
YEARLY AVERAGE
0.0477 SEK

2010 NGN to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 0.0534. Conversely, the yearly low was recorded on October 14, dropping to 0.0431.

This high-to-low spread represents a total annual volatility of 0.0103 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0476 to the December average rate of 0.0449, the exchange rate registered a net change of -5.64% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 53,389 SEK
Yearly Average 47,696 SEK
Yearly Trough Low 43,056 SEK
Transaction Impact: A difference of 10,333.86 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.0526
0.0431
JanuMarcMayJulySeptNove

NGN to SEK 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 0.0490, compared to 0.0464 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0490
H2 Avg (Jul–Dec) 0.0464

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 0.0051 SEK (High: 0.0529 / Low: 0.0478). On the other end, April was the most stable month, with a tight range of 0.0009 SEK (High: 0.0484 / Low: 0.0474).

May Spread (Volatile) ±0.0051
April Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0025 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for June 2010 is 0.0519.

2010 Avg (June) 0.0519
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0487 0.0463 0.0476
February 0.0493 0.0472 0.0481
March 0.0485 0.0470 0.0477
April 0.0484 0.0474 0.0479
May 0.0529 0.0478 0.0507
June 0.0534 0.0507 0.0519
July 0.0516 0.0481 0.0495
August 0.0495 0.0472 0.0485
September 0.0484 0.0434 0.0464
October 0.0449 0.0431 0.0439
November 0.0466 0.0433 0.0453
December 0.0462 0.0441 0.0449