2010 PGK to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2010.
2010 PGK to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2010
During 2010, the PGK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 60.0770. Conversely, the yearly low was recorded on June 9, dropping to 50.7064.
This high-to-low spread represents a total annual volatility of 9.3706 NGN. From a start-to-finish perspective, comparing the January average rate of 56.0189 to the December average rate of 59.0079, the exchange rate registered a net change of 5.34% (reflecting a strengthening trend).
Comparing the value generated converting 5,000 PGK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2010.
PGK to NGN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 54.8012, compared to 57.3476 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.5464 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2010 was May, with a trading range of 4.1875 NGN (High: 56.1214 / Low: 51.9339). On the other end, January was the most stable month, with a tight range of 0.8338 NGN (High: 56.4109 / Low: 55.5771).
Growth Streaks & Declines
TrendsBetween June and October, 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 April and May, when the average rate fell by 2.6013 points.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for December 2010 is 59.0079.
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 56.4109 | 55.5771 | 56.0189 |
| February | 56.4471 | 54.9438 | 55.7380 |
| March | 56.5232 | 54.5730 | 55.4355 |
| April | 57.0144 | 55.1826 | 56.1548 |
| May | 56.1214 | 51.9339 | 53.5535 |
| June | 54.8203 | 50.7064 | 51.9067 |
| July | 56.6142 | 54.4191 | 55.1000 |
| August | 57.0995 | 56.1179 | 56.3588 |
| September | 58.3972 | 56.3455 | 57.2100 |
| October | 59.2052 | 57.4097 | 58.3929 |
| November | 58.5791 | 57.4871 | 58.0161 |
| December | 60.0770 | 58.1578 | 59.0079 |