2010 TRY to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2010.
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).
Comparing the value generated converting 50,000 TRY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2010.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for October 2010 is 106.6999.
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 |