YEARLY HIGH
0.0586 SVC
YEARLY LOW
0.0564 SVC
YEARLY AVERAGE
0.0579 SVC

2010 NGN to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0586. Conversely, the yearly low was recorded on September 28, dropping to 0.0564.

This high-to-low spread represents a total annual volatility of 0.0022 SVC. From a start-to-finish perspective, comparing the January average rate of 0.0581 to the December average rate of 0.0573, the exchange rate registered a net change of -1.42% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 58,627 SVC
Yearly Average 57,900 SVC
Yearly Trough Low 56,447 SVC
Transaction Impact: A difference of 2,179.97 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.0584
0.0572
JanuMarcMayJulySeptNove

NGN to SVC 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 0.0580, compared to 0.0578 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0580
H2 Avg (Jul–Dec) 0.0578

Volatility Range Comparison

Volatility

The most volatile month in 2010 was October, with a trading range of 0.0016 SVC (High: 0.0582 / Low: 0.0566). On the other end, November was the most stable month, with a tight range of 0.0003 SVC (High: 0.0583 / Low: 0.0580).

October Spread (Volatile) ±0.0016
November Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between May and July, 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 November and December, when the average rate fell by 0.0008 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 0.0581.

2010 Avg (January) 0.0581
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0586 0.0577 0.0581
February 0.0581 0.0571 0.0579
March 0.0586 0.0580 0.0583
April 0.0584 0.0577 0.0581
May 0.0582 0.0573 0.0577
June 0.0582 0.0573 0.0579
July 0.0584 0.0580 0.0583
August 0.0583 0.0577 0.0581
September 0.0579 0.0564 0.0574
October 0.0582 0.0566 0.0576
November 0.0583 0.0580 0.0581
December 0.0580 0.0565 0.0573