2011 AFN to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 AFN to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the AFN to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 21, valuing the pair at 3.6756. Conversely, the yearly low was recorded on November 6, dropping to 3.2521.
This high-to-low spread represents a total annual volatility of 0.4235 NGN. From a start-to-finish perspective, comparing the January average rate of 3.5467 to the December average rate of 3.4992, the exchange rate registered a net change of -1.34% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2011 high of 3.6756 was up 2.12% compared to the 2010 peak of 3.5994, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AFN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
AFN 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 3.5911, compared to 3.4627 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1285 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was September, with a trading range of 0.4066 NGN (High: 3.6756 / Low: 3.2690). On the other end, February was the most stable month, with a tight range of 0.0413 NGN (High: 3.5807 / Low: 3.5394).
Growth Streaks & Declines
TrendsBetween January and March, 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 September and October, when the average rate fell by 0.2421 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2011: 3.5534) against the same month in 2010 (average: 3.4538), the exchange rate shifted by +0.0997 (+2.89%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.5805 | 3.5323 | 3.5467 |
| February | 3.5807 | 3.5394 | 3.5540 |
| March | 3.6540 | 3.5703 | 3.6040 |
| April | 3.6097 | 3.5627 | 3.5944 |
| May | 3.6655 | 3.5918 | 3.6287 |
| June | 3.6465 | 3.5413 | 3.6189 |
| July | 3.5622 | 3.4933 | 3.5392 |
| August | 3.6241 | 3.4517 | 3.5723 |
| September | 3.6756 | 3.2690 | 3.5534 |
| October | 3.3955 | 3.2604 | 3.3113 |
| November | 3.4958 | 3.2521 | 3.3005 |
| December | 3.6046 | 3.3355 | 3.4992 |