YEARLY HIGH
23.2258 NGN
YEARLY LOW
18.7303 NGN
YEARLY AVERAGE
21.0195 NGN

2010 SEK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the SEK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 23.2258. Conversely, the yearly low was recorded on June 7, dropping to 18.7303.

This high-to-low spread represents a total annual volatility of 4.4955 NGN. From a start-to-finish perspective, comparing the January average rate of 21.0281 to the December average rate of 22.2845, the exchange rate registered a net change of 5.98% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 116,129 NGN
Yearly Average 105,098 NGN
Yearly Trough Low 93,652 NGN
Transaction Impact: A difference of 22,477.52 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

23.1387
18.9391
JanuMarcMayJulySeptNove

SEK 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 20.4455, compared to 21.5935 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1480 points.

H1 Avg (Jan–Jun) 20.4455
H2 Avg (Jul–Dec) 21.5935

Volatility Range Comparison

Volatility

The most volatile month in 2010 was September, with a trading range of 2.3804 NGN (High: 23.0254 / Low: 20.6451). On the other end, April was the most stable month, with a tight range of 0.4009 NGN (High: 21.0813 / Low: 20.6804).

September Spread (Volatile) ±2.3804
April Spread (Stable) ±0.4009

Growth Streaks & Declines

Trends

Between 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 1.1787 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.1787

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for October 2010 is 22.7887.

2010 Avg (October) 22.7887
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.5874 20.5147 21.0281
February 21.2074 20.2791 20.7909
March 21.2545 20.5979 20.9493
April 21.0813 20.6804 20.8971
May 20.9124 18.8959 19.7185
June 19.7054 18.7303 19.2891
July 20.7917 19.3899 20.2287
August 21.1975 20.2149 20.6122
September 23.0254 20.6451 21.5778
October 23.2258 22.2944 22.7887
November 23.1210 21.4380 22.0691
December 22.6983 21.6386 22.2845