YEARLY HIGH
0.0882 NGN
YEARLY LOW
0.0779 NGN
YEARLY AVERAGE
0.0844 NGN

2011 COP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the COP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 0.0882. Conversely, the yearly low was recorded on January 2, dropping to 0.0779.

This high-to-low spread represents a total annual volatility of 0.0104 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0816 to the December average rate of 0.0840, the exchange rate registered a net change of 2.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0882 was up 2.69% compared to the 2010 peak of 0.0859, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 441,198 NGN
2010 Average 398,421 NGN
Yearly Trough Low 389,445 NGN
Transaction Impact: A difference of 51,752.71 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0879
0.0806
JanuMarcMayJulySeptNove

COP 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 0.0841, compared to 0.0847 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0841
H2 Avg (Jul–Dec) 0.0847

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0053 NGN (High: 0.0863 / Low: 0.0810). On the other end, July was the most stable month, with a tight range of 0.0019 NGN (High: 0.0869 / Low: 0.0851).

October Spread (Volatile) ±0.0053
July Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between February and June, 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 0.0013 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2011: 0.0873) against the same month in 2010 (average: 0.0785), the exchange rate shifted by +0.0089 (+11.28%).

2011 Avg (June) 0.0873
2010 Avg (June) 0.0785

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0829 0.0779 0.0816
February 0.0822 0.0801 0.0812
March 0.0834 0.0801 0.0824
April 0.0875 0.0829 0.0854
May 0.0878 0.0855 0.0867
June 0.0882 0.0858 0.0873
July 0.0869 0.0851 0.0864
August 0.0877 0.0829 0.0860
September 0.0874 0.0823 0.0852
October 0.0863 0.0810 0.0840
November 0.0840 0.0819 0.0827
December 0.0856 0.0828 0.0840