YEARLY HIGH
0.0094 SGD
YEARLY LOW
0.0084 SGD
YEARLY AVERAGE
0.0090 SGD

2010 NGN to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 25, valuing the pair at 0.0094. Conversely, the yearly low was recorded on December 28, dropping to 0.0084.

This high-to-low spread represents a total annual volatility of 0.0010 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0093 to the December average rate of 0.0086, the exchange rate registered a net change of -7.89% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 9,395 SGD
Yearly Average 9,023 SGD
Yearly Trough Low 8,422 SGD
Transaction Impact: A difference of 972.65 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.0094
0.0085
JanuMarcMayJulySeptNove

NGN to SGD 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 0.0093, compared to 0.0088 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0093
H2 Avg (Jul–Dec) 0.0088

Volatility Range Comparison

Volatility

The most volatile month in 2010 was September, with a trading range of 0.0004 SGD (High: 0.0089 / Low: 0.0085). On the other end, March was the most stable month, with a tight range of 0.0001 SGD (High: 0.0094 / Low: 0.0093).

September Spread (Volatile) ±0.0004
March Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and June, 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 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for March 2010 is 0.0093.

2010 Avg (March) 0.0093
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0094 0.0092 0.0093
February 0.0094 0.0092 0.0093
March 0.0094 0.0093 0.0093
April 0.0093 0.0090 0.0092
May 0.0094 0.0090 0.0092
June 0.0094 0.0091 0.0093
July 0.0093 0.0091 0.0092
August 0.0091 0.0089 0.0090
September 0.0089 0.0085 0.0088
October 0.0087 0.0085 0.0086
November 0.0088 0.0085 0.0086
December 0.0087 0.0084 0.0086