2011 BIF to NGN Historical Review

YEARLY HIGH

0.1379 NGN

YEARLY LOW

0.1216 NGN

YEARLY AVERAGE

0.1290 NGN

2011 BIF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BIF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.1379. Conversely, the yearly low was recorded on August 25, dropping to 0.1216.

This high-to-low spread represents a total annual volatility of 0.0163 NGN. From a start-to-finish perspective, comparing the January average rate of 0.1345 to the December average rate of 0.1261, the exchange rate registered a net change of -6.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1379 was up 0.70% compared to the 2010 peak of 0.1369, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 689 NGN

2010 Average 665 NGN

Yearly Trough Low 608 NGN

Transaction Impact: A difference of 81.32 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1377

0.1229

JanuMarcMayJulySeptNove

BIF 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 0.1312, compared to 0.1269 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0043 points.

H1 Avg (Jan–Jun) 0.1312

H2 Avg (Jul–Dec) 0.1269

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.0113 NGN (High: 0.1362 / Low: 0.1249). On the other end, February was the most stable month, with a tight range of 0.0016 NGN (High: 0.1353 / Low: 0.1337).

April Spread (Volatile) ±0.0113

February Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between 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 March and April, when the average rate fell by 0.0092 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0092

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2011: 0.1365) against the same month in 2010 (average: 0.1321), the exchange rate shifted by +0.0044 (+3.34%).

2011 Avg (March) 0.1365

2010 Avg (March) 0.1321

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1354	0.1334	0.1345
February	0.1353	0.1337	0.1344
March	0.1379	0.1347	0.1365
April	0.1362	0.1249	0.1273
May	0.1287	0.1261	0.1274
June	0.1280	0.1239	0.1270
July	0.1252	0.1223	0.1241
August	0.1269	0.1216	0.1251
September	0.1294	0.1258	0.1272
October	0.1333	0.1284	0.1301
November	0.1304	0.1255	0.1286
December	0.1310	0.1229	0.1261