YEARLY HIGH
1.9251 NGN
YEARLY LOW
1.7395 NGN
YEARLY AVERAGE
1.8477 NGN

2012 CVE to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the CVE to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 1.9251. Conversely, the yearly low was recorded on July 25, dropping to 1.7395.

This high-to-low spread represents a total annual volatility of 0.1857 NGN. From a start-to-finish perspective, comparing the January average rate of 1.8860 to the December average rate of 1.8656, the exchange rate registered a net change of -1.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.9251 was down 7.89% compared to the 2011 peak of 2.0901, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,626 NGN
2011 Average 9,838 NGN
Yearly Trough Low 8,697 NGN
Transaction Impact: A difference of 928.25 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.9098
1.7637
JanuMarcMayJulySeptNove

CVE 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 1.8712, compared to 1.8241 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0471 points.

H1 Avg (Jan–Jun) 1.8712
H2 Avg (Jul–Dec) 1.8241

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.1183 NGN (High: 1.8578 / Low: 1.7395). On the other end, March was the most stable month, with a tight range of 0.0351 NGN (High: 1.9020 / Low: 1.8670).

July Spread (Volatile) ±0.1183
March Spread (Stable) ±0.0351

Growth Streaks & Declines

Trends

Between August and October, 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 June and July, when the average rate fell by 0.0507 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0507

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2012: 1.8860) against the same month in 2011 (average: 1.8498), the exchange rate shifted by +0.0362 (+1.96%).

2012 Avg (January) 1.8860
2011 Avg (January) 1.8498

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9251 1.8579 1.8860
February 1.9225 1.8757 1.8976
March 1.9020 1.8670 1.8860
April 1.9020 1.8635 1.8771
May 1.8910 1.7929 1.8389
June 1.8641 1.8014 1.8416
July 1.8578 1.7395 1.7909
August 1.8095 1.7510 1.7759
September 1.8699 1.7904 1.8379
October 1.8647 1.8274 1.8463
November 1.8498 1.8093 1.8281
December 1.8895 1.8363 1.8656