2010 NGN to TOP Historical Review

YEARLY HIGH

0.0134 TOP

YEARLY LOW

0.0121 TOP

YEARLY AVERAGE

0.0127 TOP

2010 NGN to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 13, valuing the pair at 0.0134. Conversely, the yearly low was recorded on December 6, dropping to 0.0121.

This high-to-low spread represents a total annual volatility of 0.0014 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0126 to the December average rate of 0.0123, the exchange rate registered a net change of -2.89% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 13,450 TOP

Yearly Average 12,749 TOP

Yearly Trough Low 12,098 TOP

Transaction Impact: A difference of 1,352.01 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.0132

0.0122

JanuMarcMayJulySeptNove

NGN to TOP 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 0.0129, compared to 0.0126 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) 0.0129

H2 Avg (Jul–Dec) 0.0126

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 0.0007 TOP (High: 0.0134 / Low: 0.0128). On the other end, October was the most stable month, with a tight range of 0.0002 TOP (High: 0.0126 / Low: 0.0124).

May Spread (Volatile) ±0.0007

October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and May, 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 September and October, when the average rate fell by 0.0003 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for May 2010 is 0.0131.

2010 Avg (May) 0.0131

Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0130	0.0124	0.0126
February	0.0129	0.0125	0.0128
March	0.0130	0.0125	0.0128
April	0.0130	0.0127	0.0128
May	0.0134	0.0128	0.0131
June	0.0132	0.0127	0.0131
July	0.0132	0.0128	0.0130
August	0.0130	0.0125	0.0129
September	0.0130	0.0124	0.0128
October	0.0126	0.0124	0.0125
November	0.0128	0.0123	0.0124
December	0.0124	0.0121	0.0123