2010 VEF to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2010.
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).
Comparing the value generated converting 5,000 VEF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2010.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 46.2280.
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 |