YEARLY HIGH
0.3271 NGN
YEARLY LOW
0.2955 NGN
YEARLY AVERAGE
0.3106 NGN

2011 CRC to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the CRC to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.3271. Conversely, the yearly low was recorded on August 25, dropping to 0.2955.

This high-to-low spread represents a total annual volatility of 0.0316 NGN. From a start-to-finish perspective, comparing the January average rate of 0.3035 to the December average rate of 0.3241, the exchange rate registered a net change of 6.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.3271 was up 4.90% compared to the 2010 peak of 0.3119, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,636 NGN
2010 Average 1,441 NGN
Yearly Trough Low 1,478 NGN
Transaction Impact: A difference of 158.08 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.3262
0.3011
JanuMarcMayJulySeptNove

CRC 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 0.3096, compared to 0.3116 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.3096
H2 Avg (Jul–Dec) 0.3116

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 0.0150 NGN (High: 0.3233 / Low: 0.3083). On the other end, April was the most stable month, with a tight range of 0.0046 NGN (High: 0.3132 / Low: 0.3086).

November Spread (Volatile) ±0.0150
April Spread (Stable) ±0.0046

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0066 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.3241) against the same month in 2010 (average: 0.3044), the exchange rate shifted by +0.0197 (+6.46%).

2011 Avg (December) 0.3241
2010 Avg (December) 0.3044

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3063 0.2992 0.3035
February 0.3104 0.3046 0.3070
March 0.3154 0.3081 0.3117
April 0.3132 0.3086 0.3110
May 0.3178 0.3105 0.3145
June 0.3136 0.3032 0.3098
July 0.3064 0.2990 0.3032
August 0.3101 0.2955 0.3055
September 0.3149 0.3040 0.3087
October 0.3183 0.3090 0.3135
November 0.3233 0.3083 0.3149
December 0.3271 0.3219 0.3241