2011 BND to NGN Historical Review

YEARLY HIGH

129.3819 NGN

YEARLY LOW

117.5865 NGN

YEARLY AVERAGE

124.0542 NGN

2011 BND to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BND to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 129.3819. Conversely, the yearly low was recorded on January 9, dropping to 117.5865.

This high-to-low spread represents a total annual volatility of 11.7955 NGN. From a start-to-finish perspective, comparing the January average rate of 118.5147 to the December average rate of 125.4004, the exchange rate registered a net change of 5.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 129.3819 was up 9.23% compared to the 2010 peak of 118.4465, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 646,910 NGN

2010 Average 554,576 NGN

Yearly Trough Low 587,932 NGN

Transaction Impact: A difference of 58,977.38 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

127.8518

117.6659

JanuMarcMayJulySeptNove

BND 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 122.8038, compared to 125.3046 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.5008 points.

H1 Avg (Jan–Jun) 122.8038

H2 Avg (Jul–Dec) 125.3046

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 6.5031 NGN (High: 129.3819 / Low: 122.8788). On the other end, February was the most stable month, with a tight range of 1.9868 NGN (High: 120.8439 / Low: 118.8571).

August Spread (Volatile) ±6.5031

February Spread (Stable) ±1.9868

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 October and November, when the average rate fell by 2.2642 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -2.2642

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 127.0030) against the same month in 2010 (average: 111.0651), the exchange rate shifted by +15.9379 (+14.35%).

2011 Avg (August) 127.0030

2010 Avg (August) 111.0651

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	119.7435	117.5865	118.5147
February	120.8439	118.8571	119.7902
March	123.6456	120.8086	122.2621
April	126.2604	121.9909	123.9816
May	127.6011	124.4883	126.1426
June	127.0754	123.9622	126.1316
July	127.2258	122.5397	125.1420
August	129.3819	122.8788	127.0030
September	129.2192	122.7629	125.7655
October	128.5115	122.4456	125.3905
November	125.9111	121.4110	123.1263
December	127.0145	123.9865	125.4004