2011 BHD to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 BHD to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the BHD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 436.7707. Conversely, the yearly low was recorded on August 25, dropping to 394.4614.
This high-to-low spread represents a total annual volatility of 42.3093 NGN. From a start-to-finish perspective, comparing the January average rate of 405.2828 to the December average rate of 431.3552, the exchange rate registered a net change of 6.43% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 436.7707 was up 6.11% compared to the 2010 peak of 411.6310, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BHD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
BHD 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 410.3985, compared to 417.6583 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.2597 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was August, with a trading range of 19.5839 NGN (High: 414.0452 / Low: 394.4614). On the other end, February was the most stable month, with a tight range of 4.4849 NGN (High: 409.2415 / Low: 404.7566).
Growth Streaks & Declines
TrendsBetween July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 9.2506 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2011: 431.3552) against the same month in 2010 (average: 405.3552), the exchange rate shifted by +26.0000 (+6.41%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 409.1688 | 403.6035 | 405.2828 |
| February | 409.2415 | 404.7566 | 406.1303 |
| March | 417.2689 | 407.5250 | 411.9016 |
| April | 412.5374 | 407.1505 | 410.7019 |
| May | 418.8118 | 410.2766 | 414.6851 |
| June | 416.4640 | 404.5135 | 413.6896 |
| July | 407.2067 | 399.2912 | 404.4390 |
| August | 414.0452 | 394.4614 | 408.1311 |
| September | 422.3440 | 411.0386 | 415.1329 |
| October | 435.7910 | 418.3346 | 424.9293 |
| November | 428.2172 | 417.4300 | 421.9621 |
| December | 436.7707 | 428.0470 | 431.3552 |