YEARLY HIGH
69.8628 NGN
YEARLY LOW
34.3665 NGN
YEARLY AVERAGE
36.1052 NGN

2010 VEF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the VEF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 69.8628. Conversely, the yearly low was recorded on January 11, dropping to 34.3665.

This high-to-low spread represents a total annual volatility of 35.4963 NGN. From a start-to-finish perspective, comparing the January average rate of 46.2280 to the December average rate of 35.5239, the exchange rate registered a net change of -23.16% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 349,314 NGN
Yearly Average 180,526 NGN
Yearly Trough Low 171,833 NGN
Transaction Impact: A difference of 177,481.30 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

47.3578
33.8007
JanuMarcMayJulySeptNove

VEF 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 36.9692, compared to 35.2413 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7279 points.

H1 Avg (Jan–Jun) 36.9692
H2 Avg (Jul–Dec) 35.2413

Volatility Range Comparison

Volatility

The most volatile month in 2010 was January, with a trading range of 35.4963 NGN (High: 69.8628 / Low: 34.3665). On the other end, November was the most stable month, with a tight range of 0.1887 NGN (High: 35.1455 / Low: 34.9568).

January Spread (Volatile) ±35.4963
November Spread (Stable) ±0.1887

Growth Streaks & Declines

Trends

Between March and May, 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 January and February, when the average rate fell by 11.0418 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -11.0418

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 46.2280.

2010 Avg (January) 46.2280
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 69.8628 34.3665 46.2280
February 35.6984 34.9878 35.1862
March 35.1342 34.7338 34.9304
April 35.3128 34.8518 35.0250
May 35.5217 34.9808 35.2646
June 35.5233 35.0000 35.1807
July 35.0901 34.7806 34.9437
August 35.3064 34.9186 35.0665
September 36.0913 35.1182 35.4653
October 35.9668 34.9888 35.3942
November 35.1455 34.9568 35.0542
December 36.0564 35.1409 35.5239