YEARLY HIGH
42.5823 NGN
YEARLY LOW
41.0007 NGN
YEARLY AVERAGE
41.5130 NGN

2010 QAR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the QAR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 28, valuing the pair at 42.5823. Conversely, the yearly low was recorded on January 6, dropping to 41.0007.

This high-to-low spread represents a total annual volatility of 1.5816 NGN. From a start-to-finish perspective, comparing the January average rate of 41.3360 to the December average rate of 41.9295, the exchange rate registered a net change of 1.44% (reflecting a strengthening trend).

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 QAR based on timing:

Yearly Peak High 212,912 NGN
Yearly Average 207,565 NGN
Yearly Trough Low 205,004 NGN
Transaction Impact: A difference of 7,907.87 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

41.9999
41.1555
JanuMarcMayJulySeptNove

QAR to NGN 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 41.4296, compared to 41.5964 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1667 points.

H1 Avg (Jan–Jun) 41.4296
H2 Avg (Jul–Dec) 41.5964

Volatility Range Comparison

Volatility

The most volatile month in 2010 was October, with a trading range of 1.1538 NGN (High: 42.4354 / Low: 41.2816). On the other end, November was the most stable month, with a tight range of 0.2227 NGN (High: 41.4664 / Low: 41.2437).

October Spread (Volatile) ±1.1538
November Spread (Stable) ±0.2227

Growth Streaks & Declines

Trends

Between March and May, 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 October and November, when the average rate fell by 0.4025 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4025

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for September 2010 is 41.8592.

2010 Avg (September) 41.8592
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 41.6306 41.0007 41.3360
February 42.1187 41.3317 41.5310
March 41.4530 41.0317 41.2258
April 41.6638 41.1489 41.3379
May 41.9103 41.2720 41.6253
June 41.9121 41.3180 41.5217
July 41.4010 41.0617 41.2457
August 41.6563 41.2485 41.3895
September 42.5823 41.4858 41.8592
October 42.4354 41.2816 41.7783
November 41.4664 41.2437 41.3759
December 42.5411 41.4609 41.9295