2011 BWP to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 BWP to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the BWP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 24.3342. Conversely, the yearly low was recorded on November 27, dropping to 20.6875.
This high-to-low spread represents a total annual volatility of 3.6467 NGN. From a start-to-finish perspective, comparing the January average rate of 22.9770 to the December average rate of 21.6152, the exchange rate registered a net change of -5.93% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2011 high of 24.3342 was up 2.98% compared to the 2010 peak of 23.6294, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BWP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
BWP 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 23.3893, compared to 22.1613 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2280 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was September, with a trading range of 2.2376 NGN (High: 23.0726 / Low: 20.8351). On the other end, March was the most stable month, with a tight range of 0.6936 NGN (High: 23.7189 / Low: 23.0253).
Growth Streaks & Declines
TrendsBetween February and April, 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 August and September, when the average rate fell by 0.6431 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2011: 23.8735) against the same month in 2010 (average: 22.1140), the exchange rate shifted by +1.7595 (+7.96%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.6154 | 22.4736 | 22.9770 |
| February | 23.0557 | 22.1802 | 22.5387 |
| March | 23.7189 | 23.0253 | 23.4095 |
| April | 24.3342 | 23.4946 | 23.8735 |
| May | 24.3342 | 23.3105 | 23.7707 |
| June | 23.9961 | 23.2044 | 23.7661 |
| July | 23.5619 | 22.6963 | 23.1938 |
| August | 23.5418 | 21.7841 | 22.8137 |
| September | 23.0726 | 20.8351 | 22.1706 |
| October | 22.5640 | 20.9562 | 21.8831 |
| November | 21.6516 | 20.6875 | 21.2912 |
| December | 21.8802 | 21.1860 | 21.6152 |