YEARLY HIGH
0.0106 TRY
YEARLY LOW
0.0092 TRY
YEARLY AVERAGE
0.0100 TRY

2010 NGN to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 0.0106. Conversely, the yearly low was recorded on October 14, dropping to 0.0092.

This high-to-low spread represents a total annual volatility of 0.0014 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0098 to the December average rate of 0.0100, the exchange rate registered a net change of 1.69% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 10,604 TRY
Yearly Average 9,979 TRY
Yearly Trough Low 9,220 TRY
Transaction Impact: A difference of 1,384.59 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.0106
0.0093
JanuMarcMayJulySeptNove

NGN to TRY 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 0.0101, compared to 0.0098 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0101
H2 Avg (Jul–Dec) 0.0098

Volatility Range Comparison

Volatility

The most volatile month in 2010 was November, with a trading range of 0.0007 TRY (High: 0.0100 / Low: 0.0093). On the other end, August was the most stable month, with a tight range of 0.0002 TRY (High: 0.0101 / Low: 0.0099).

November Spread (Volatile) ±0.0007
August Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and March, 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 September and October, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for June 2010 is 0.0104.

2010 Avg (June) 0.0104
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0100 0.0096 0.0098
February 0.0103 0.0098 0.0101
March 0.0104 0.0101 0.0102
April 0.0101 0.0098 0.0099
May 0.0105 0.0098 0.0102
June 0.0106 0.0102 0.0104
July 0.0106 0.0101 0.0103
August 0.0101 0.0099 0.0100
September 0.0100 0.0094 0.0098
October 0.0095 0.0092 0.0094
November 0.0100 0.0093 0.0096
December 0.0102 0.0098 0.0100