YEARLY HIGH
10.7027 SOS
YEARLY LOW
9.6490 SOS
YEARLY AVERAGE
10.3100 SOS

2010 NGN to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 10.7027. Conversely, the yearly low was recorded on January 21, dropping to 9.6490.

This high-to-low spread represents a total annual volatility of 1.0537 SOS. From a start-to-finish perspective, comparing the January average rate of 9.9266 to the December average rate of 10.4980, the exchange rate registered a net change of 5.76% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 10,702,667 SOS
Yearly Average 10,309,969 SOS
Yearly Trough Low 9,649,015 SOS
Transaction Impact: A difference of 1,053,651.87 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

10.7297
9.8216
JanuMarcMayJulySeptNove

NGN to SOS 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 10.0333, compared to 10.5866 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5533 points.

H1 Avg (Jan–Jun) 10.0333
H2 Avg (Jul–Dec) 10.5866

Volatility Range Comparison

Volatility

The most volatile month in 2010 was March, with a trading range of 0.3923 SOS (High: 10.1564 / Low: 9.7641). On the other end, November was the most stable month, with a tight range of 0.0708 SOS (High: 10.6767 / Low: 10.6059).

March Spread (Volatile) ±0.3923
November Spread (Stable) ±0.0708

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1429 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1429

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for July 2010 is 10.6516.

2010 Avg (July) 10.6516
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.0201 9.6490 9.9266
February 10.0035 9.8270 9.9181
March 10.1564 9.7641 9.9459
April 10.1394 9.7754 9.8973
May 10.2956 10.0096 10.1657
June 10.5543 10.1927 10.3465
July 10.7027 10.5912 10.6516
August 10.7027 10.5850 10.6541
September 10.6716 10.3401 10.5386
October 10.6789 10.3907 10.5364
November 10.6767 10.6059 10.6409
December 10.6166 10.3488 10.4980