2011 ALL to NGN Historical Review

YEARLY HIGH

1.6166 NGN

YEARLY LOW

1.4291 NGN

YEARLY AVERAGE

1.5456 NGN

2011 ALL to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ALL to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 1.6166. Conversely, the yearly low was recorded on January 10, dropping to 1.4291.

This high-to-low spread represents a total annual volatility of 0.1875 NGN. From a start-to-finish perspective, comparing the January average rate of 1.4695 to the December average rate of 1.5467, the exchange rate registered a net change of 5.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.6166 was up 0.38% compared to the 2010 peak of 1.6104, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,083 NGN

2010 Average 7,273 NGN

Yearly Trough Low 7,145 NGN

Transaction Impact: A difference of 937.40 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.5907

1.4584

JanuMarcMayJulySeptNove

ALL 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 1.5417, compared to 1.5495 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0077 points.

H1 Avg (Jan–Jun) 1.5417

H2 Avg (Jul–Dec) 1.5495

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0962 NGN (High: 1.5972 / Low: 1.5010). On the other end, February was the most stable month, with a tight range of 0.0380 NGN (High: 1.5140 / Low: 1.4761).

October Spread (Volatile) ±0.0962

February Spread (Stable) ±0.0380

Growth Streaks & Declines

Trends

Between January and May, 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 August and September, when the average rate fell by 0.0402 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0402

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 1.5797) against the same month in 2010 (average: 1.3942), the exchange rate shifted by +0.1854 (+13.30%).

2011 Avg (May) 1.5797

2010 Avg (May) 1.3942

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4948	1.4291	1.4695
February	1.5140	1.4761	1.4951
March	1.5754	1.5183	1.5492
April	1.6115	1.5525	1.5787
May	1.6166	1.5566	1.5797
June	1.5956	1.5566	1.5783
July	1.5735	1.5267	1.5548
August	1.6034	1.5226	1.5739
September	1.5739	1.5089	1.5336
October	1.5972	1.5010	1.5595
November	1.5461	1.5068	1.5284
December	1.5853	1.5146	1.5467