YEARLY HIGH
57.1997 NGN
YEARLY LOW
51.0227 NGN
YEARLY AVERAGE
55.4752 NGN

2010 SRD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the SRD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 28, valuing the pair at 57.1997. Conversely, the yearly low was recorded on May 17, dropping to 51.0227.

This high-to-low spread represents a total annual volatility of 6.1769 NGN. From a start-to-finish perspective, comparing the January average rate of 55.4420 to the December average rate of 56.1379, the exchange rate registered a net change of 1.26% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 285,998 NGN
Yearly Average 277,376 NGN
Yearly Trough Low 255,114 NGN
Transaction Impact: A difference of 30,884.70 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

56.2762
54.6169
JanuMarcMayJulySeptNove

SRD 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 55.2015, compared to 55.7489 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5474 points.

H1 Avg (Jan–Jun) 55.2015
H2 Avg (Jul–Dec) 55.7489

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 5.2007 NGN (High: 56.2235 / Low: 51.0227). On the other end, July was the most stable month, with a tight range of 0.2782 NGN (High: 55.5407 / Low: 55.2625).

May Spread (Volatile) ±5.2007
July Spread (Stable) ±0.2782

Growth Streaks & Declines

Trends

Between July and September, 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 February and March, when the average rate fell by 0.6555 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.6555

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for September 2010 is 56.1374.

2010 Avg (September) 56.1374
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 55.8768 54.9696 55.4420
February 56.5518 55.4133 55.6956
March 55.4601 54.3961 55.0401
April 55.4474 54.0357 54.7781
May 56.2235 51.0227 54.7552
June 56.0014 53.9621 55.4981
July 55.5407 55.2625 55.3865
August 55.8765 53.6842 55.4294
September 57.1997 55.6201 56.1374
October 56.9660 55.3501 55.8907
November 55.6549 55.3612 55.5112
December 57.1449 54.5302 56.1379