YEARLY HIGH
0.3116 PHP
YEARLY LOW
0.2810 PHP
YEARLY AVERAGE
0.2984 PHP

2010 NGN to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 0.3116. Conversely, the yearly low was recorded on November 4, dropping to 0.2810.

This high-to-low spread represents a total annual volatility of 0.0307 PHP. From a start-to-finish perspective, comparing the January average rate of 0.3062 to the December average rate of 0.2878, the exchange rate registered a net change of -5.99% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 311,623 PHP
Yearly Average 298,426 PHP
Yearly Trough Low 280,960 PHP
Transaction Impact: A difference of 30,662.98 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.3105
0.2828
JanuMarcMayJulySeptNove

NGN to PHP 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 0.3035, compared to 0.2934 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0101 points.

H1 Avg (Jan–Jun) 0.3035
H2 Avg (Jul–Dec) 0.2934

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 0.0180 PHP (High: 0.3116 / Low: 0.2937). On the other end, December was the most stable month, with a tight range of 0.0047 PHP (High: 0.2899 / Low: 0.2852).

May Spread (Volatile) ±0.0180
December Spread (Stable) ±0.0047

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0097 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0097

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for May 2010 is 0.3010.

2010 Avg (May) 0.3010
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3097 0.3020 0.3062
February 0.3089 0.3018 0.3061
March 0.3080 0.2993 0.3044
April 0.3006 0.2930 0.2966
May 0.3116 0.2937 0.3010
June 0.3097 0.3002 0.3066
July 0.3104 0.3032 0.3082
August 0.3032 0.2976 0.2998
September 0.2977 0.2836 0.2901
October 0.2875 0.2825 0.2851
November 0.2945 0.2810 0.2892
December 0.2899 0.2852 0.2878