YEARLY HIGH
1.5966 YER
YEARLY LOW
1.3355 YER
YEARLY AVERAGE
1.4255 YER

2010 NGN to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 1.5966. Conversely, the yearly low was recorded on February 25, dropping to 1.3355.

This high-to-low spread represents a total annual volatility of 0.2611 YER. From a start-to-finish perspective, comparing the January average rate of 1.3640 to the December average rate of 1.4001, the exchange rate registered a net change of 2.65% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 1,596,613 YER
Yearly Average 1,425,508 YER
Yearly Trough Low 1,335,513 YER
Transaction Impact: A difference of 261,099.06 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

1.5921
1.3369
JanuMarcMayJulySeptNove

NGN to YER 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 1.3902, compared to 1.4608 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0706 points.

H1 Avg (Jan–Jun) 1.3902
H2 Avg (Jul–Dec) 1.4608

Volatility Range Comparison

Volatility

The most volatile month in 2010 was September, with a trading range of 0.1870 YER (High: 1.5704 / Low: 1.3834). On the other end, November was the most stable month, with a tight range of 0.0135 YER (High: 1.4263 / Low: 1.4128).

September Spread (Volatile) ±0.1870
November Spread (Stable) ±0.0135

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 August and September, when the average rate fell by 0.1105 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1105

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for August 2010 is 1.5709.

2010 Avg (August) 1.5709
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3795 1.3531 1.3640
February 1.3692 1.3355 1.3582
March 1.4006 1.3602 1.3746
April 1.3705 1.3536 1.3623
May 1.4881 1.3456 1.4023
June 1.4985 1.4640 1.4799
July 1.5304 1.4891 1.5031
August 1.5966 1.4903 1.5709
September 1.5704 1.3834 1.4604
October 1.4249 1.3927 1.4126
November 1.4263 1.4128 1.4178
December 1.4167 1.3778 1.4001