2012 CDF to NGN Historical Review

YEARLY HIGH

0.1788 NGN

YEARLY LOW

0.1685 NGN

YEARLY AVERAGE

0.1726 NGN

2012 CDF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the CDF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 0.1788. Conversely, the yearly low was recorded on December 10, dropping to 0.1685.

This high-to-low spread represents a total annual volatility of 0.0103 NGN. From a start-to-finish perspective, comparing the January average rate of 0.1770 to the December average rate of 0.1698, the exchange rate registered a net change of -4.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.1788 was down 1.48% compared to the 2011 peak of 0.1815, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 894 NGN

2011 Average 855 NGN

Yearly Trough Low 842 NGN

Transaction Impact: A difference of 51.47 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.1778

0.1691

JanuMarcMayJulySeptNove

CDF 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 0.1740, compared to 0.1712 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.1740

H2 Avg (Jul–Dec) 0.1712

Volatility Range Comparison

Volatility

The most volatile month in 2012 was February, with a trading range of 0.0063 NGN (High: 0.1763 / Low: 0.1700). On the other end, October was the most stable month, with a tight range of 0.0018 NGN (High: 0.1707 / Low: 0.1689).

February Spread (Volatile) ±0.0063

October Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between April and June, 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 January and February, when the average rate fell by 0.0038 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2012: 0.1771) against the same month in 2011 (average: 0.1716), the exchange rate shifted by +0.0055 (+3.20%).

2012 Avg (June) 0.1771

2011 Avg (June) 0.1716

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1787	0.1732	0.1770
February	0.1763	0.1700	0.1732
March	0.1733	0.1709	0.1721
April	0.1727	0.1701	0.1719
May	0.1752	0.1714	0.1729
June	0.1788	0.1741	0.1771
July	0.1777	0.1717	0.1750
August	0.1754	0.1692	0.1718
September	0.1714	0.1694	0.1706
October	0.1707	0.1689	0.1700
November	0.1714	0.1688	0.1700
December	0.1716	0.1685	0.1698