YEARLY HIGH
135.7324 STD
YEARLY LOW
105.9216 STD
YEARLY AVERAGE
121.0787 STD

2010 NGN to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 135.7324. Conversely, the yearly low was recorded on January 14, dropping to 105.9216.

This high-to-low spread represents a total annual volatility of 29.8108 STD. From a start-to-finish perspective, comparing the January average rate of 108.9291 to the December average rate of 121.6462, the exchange rate registered a net change of 11.67% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 135,732,371 STD
Yearly Average 121,078,707 STD
Yearly Trough Low 105,921,570 STD
Transaction Impact: A difference of 29,810,801.39 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

135.0400
106.5553
JanuMarcMayJulySeptNove

NGN to STD 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 119.5560, compared to 122.6014 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.0453 points.

H1 Avg (Jan–Jun) 119.5560
H2 Avg (Jul–Dec) 122.6014

Volatility Range Comparison

Volatility

The most volatile month in 2010 was June, with a trading range of 17.4839 STD (High: 135.7324 / Low: 118.2485). On the other end, March was the most stable month, with a tight range of 1.4844 STD (High: 120.9263 / Low: 119.4420).

June Spread (Volatile) ±17.4839
March Spread (Stable) ±1.4844

Growth Streaks & Declines

Trends

Between January and March, 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 September and October, when the average rate fell by 7.3900 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -7.3900

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for June 2010 is 132.6663.

2010 Avg (June) 132.6663
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 110.1793 105.9216 108.9291
February 120.2429 109.0778 115.8095
March 120.9263 119.4420 120.2987
April 120.9592 118.9532 119.9448
May 123.8685 118.4039 119.6879
June 135.7324 118.2485 132.6663
July 132.5039 124.8897 128.6347
August 128.4792 123.4434 126.3839
September 127.4113 116.1787 123.6029
October 118.0007 114.6112 116.2129
November 125.0104 115.5727 119.1275
December 124.5029 119.5953 121.6462