2010 NGN to VEF Historical Review

YEARLY HIGH

0.0291 VEF

YEARLY LOW

0.0143 VEF

YEARLY AVERAGE

0.0280 VEF

2010 NGN to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.0291. Conversely, the yearly low was recorded on January 7, dropping to 0.0143.

This high-to-low spread represents a total annual volatility of 0.0148 VEF. From a start-to-finish perspective, comparing the January average rate of 0.0239 to the December average rate of 0.0282, the exchange rate registered a net change of 17.58% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 29,098 VEF

Yearly Average 28,050 VEF

Yearly Trough Low 14,314 VEF

Transaction Impact: A difference of 14,784.32 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.0291

0.0235

JanuMarcMayJulySeptNove

NGN to VEF 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 0.0277, compared to 0.0284 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0277

H2 Avg (Jul–Dec) 0.0284

Volatility Range Comparison

Volatility

The most volatile month in 2010 was January, with a trading range of 0.0148 VEF (High: 0.0291 / Low: 0.0143). On the other end, November was the most stable month, with a tight range of 0.0002 VEF (High: 0.0286 / Low: 0.0285).

January Spread (Volatile) ±0.0148

November 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 November and December, 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 January 2010 is 0.0239.

2010 Avg (January) 0.0239

Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0291	0.0143	0.0239
February	0.0286	0.0280	0.0284
March	0.0288	0.0285	0.0286
April	0.0287	0.0283	0.0286
May	0.0286	0.0282	0.0284
June	0.0286	0.0282	0.0284
July	0.0288	0.0285	0.0286
August	0.0286	0.0283	0.0285
September	0.0285	0.0277	0.0282
October	0.0286	0.0278	0.0283
November	0.0286	0.0285	0.0285
December	0.0285	0.0277	0.0282