YEARLY HIGH
108.4647 NGN
YEARLY LOW
94.3025 NGN
YEARLY AVERAGE
100.3191 NGN

2010 TRY to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the TRY to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 108.4647. Conversely, the yearly low was recorded on June 8, dropping to 94.3025.

This high-to-low spread represents a total annual volatility of 14.1622 NGN. From a start-to-finish perspective, comparing the January average rate of 101.8923 to the December average rate of 100.2007, the exchange rate registered a net change of -1.66% (reflecting a weakening trend).

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 5,423,235 NGN
Yearly Average 5,015,957 NGN
Yearly Trough Low 4,715,124 NGN
Transaction Impact: A difference of 708,111.67 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

107.7948
94.6565
JanuMarcMayJulySeptNove

TRY 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 98.9179, compared to 101.7204 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.8025 points.

H1 Avg (Jan–Jun) 98.9179
H2 Avg (Jul–Dec) 101.7204

Volatility Range Comparison

Volatility

The most volatile month in 2010 was November, with a trading range of 8.0648 NGN (High: 107.9782 / Low: 99.9133). On the other end, August was the most stable month, with a tight range of 2.0117 NGN (High: 100.7715 / Low: 98.7598).

November Spread (Volatile) ±8.0648
August Spread (Stable) ±2.0117

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 November and December, when the average rate fell by 4.1561 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -4.1561

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for October 2010 is 106.6999.

2010 Avg (October) 106.6999
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 104.2792 99.6267 101.8923
February 101.8360 97.2742 99.4359
March 99.2996 96.6022 97.7716
April 102.1326 98.7329 100.7766
May 102.0095 94.9812 97.8797
June 97.6307 94.3025 95.7514
July 99.4977 94.7491 97.4720
August 100.7715 98.7598 99.6826
September 106.5885 99.5954 101.9101
October 108.4647 104.8526 106.6999
November 107.9782 99.9133 104.3568
December 102.4214 98.2690 100.2007