2010 TOP to NGN Historical Review

YEARLY HIGH

82.6600 NGN

YEARLY LOW

74.3508 NGN

YEARLY AVERAGE

78.4739 NGN

2010 TOP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the TOP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 82.6600. Conversely, the yearly low was recorded on May 13, dropping to 74.3508.

This high-to-low spread represents a total annual volatility of 8.3092 NGN. From a start-to-finish perspective, comparing the January average rate of 79.1424 to the December average rate of 81.4948, the exchange rate registered a net change of 2.97% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 413,300 NGN

Yearly Average 392,370 NGN

Yearly Trough Low 371,754 NGN

Transaction Impact: A difference of 41,546.07 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

82.0141

75.7824

JanuMarcMayJulySeptNove

TOP 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 77.7584, compared to 79.1895 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4311 points.

H1 Avg (Jan–Jun) 77.7584

H2 Avg (Jul–Dec) 79.1895

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 4.0205 NGN (High: 78.3713 / Low: 74.3508). On the other end, October was the most stable month, with a tight range of 1.4262 NGN (High: 80.6977 / Low: 79.2715).

May Spread (Volatile) ±4.0205

October Spread (Stable) ±1.4262

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.8069 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -1.8069

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for December 2010 is 81.4948.

2010 Avg (December) 81.4948

Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	80.8911	77.2028	79.1424
February	79.7249	77.3504	78.3125
March	80.1927	76.7199	78.1255
April	78.8764	77.0615	78.1086
May	78.3713	74.3508	76.3017
June	78.9288	75.8858	76.5596
July	78.0255	75.8893	76.8164
August	80.0196	76.9522	77.7430
September	80.7900	77.1696	78.3597
October	80.6977	79.2715	79.9545
November	81.5655	78.1276	80.7683
December	82.6600	80.6243	81.4948