2011 CAD to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 CAD to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the CAD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 11, valuing the pair at 163.9595. Conversely, the yearly low was recorded on October 4, dropping to 150.2094.
This high-to-low spread represents a total annual volatility of 13.7501 NGN. From a start-to-finish perspective, comparing the January average rate of 153.4569 to the December average rate of 158.7677, the exchange rate registered a net change of 3.46% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 163.9595 was up 6.62% compared to the 2010 peak of 153.7780, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
CAD 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 158.2109, compared to 157.0886 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1224 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was October, with a trading range of 11.5431 NGN (High: 161.7525 / Low: 150.2094). On the other end, March was the most stable month, with a tight range of 2.4663 NGN (High: 160.2336 / Low: 157.7672).
Growth Streaks & Declines
TrendsBetween January and April, 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 July and August, when the average rate fell by 2.9290 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2011: 161.3113) against the same month in 2010 (average: 145.7050), the exchange rate shifted by +15.6063 (+10.71%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 155.8315 | 152.1398 | 153.4569 |
| February | 157.3224 | 152.9394 | 154.9137 |
| March | 160.2336 | 157.7672 | 158.7518 |
| April | 163.2823 | 159.6199 | 161.5350 |
| May | 163.9595 | 159.8606 | 161.3113 |
| June | 161.2893 | 156.5994 | 159.2970 |
| July | 161.5345 | 156.3994 | 159.3296 |
| August | 160.0254 | 150.6074 | 156.4006 |
| September | 158.6844 | 152.1822 | 156.2175 |
| October | 161.7525 | 150.2094 | 156.9043 |
| November | 158.2173 | 151.8662 | 154.9116 |
| December | 161.3206 | 155.9509 | 158.7677 |