2011 DJF to NGN Historical Review

YEARLY HIGH

0.9233 NGN

YEARLY LOW

0.8356 NGN

YEARLY AVERAGE

0.8769 NGN

2011 DJF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the DJF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 10, valuing the pair at 0.9233. Conversely, the yearly low was recorded on August 25, dropping to 0.8356.

This high-to-low spread represents a total annual volatility of 0.0878 NGN. From a start-to-finish perspective, comparing the January average rate of 0.8586 to the December average rate of 0.9117, the exchange rate registered a net change of 6.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.9233 was up 5.87% compared to the 2010 peak of 0.8722, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,617 NGN

2010 Average 4,251 NGN

Yearly Trough Low 4,178 NGN

Transaction Impact: A difference of 438.95 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.9171

0.8513

JanuMarcMayJulySeptNove

DJF 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 0.8694, compared to 0.8844 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0149 points.

H1 Avg (Jan–Jun) 0.8694

H2 Avg (Jul–Dec) 0.8844

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0416 NGN (High: 0.8772 / Low: 0.8356). On the other end, February was the most stable month, with a tight range of 0.0099 NGN (High: 0.8669 / Low: 0.8570).

August Spread (Volatile) ±0.0416

February Spread (Stable) ±0.0099

Growth Streaks & Declines

Trends

Between July and October, 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 June and July, when the average rate fell by 0.0196 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0196

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 0.9002) against the same month in 2010 (average: 0.8557), the exchange rate shifted by +0.0445 (+5.21%).

2011 Avg (October) 0.9002

2010 Avg (October) 0.8557

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8668	0.8551	0.8586
February	0.8669	0.8570	0.8604
March	0.8841	0.8634	0.8727
April	0.8740	0.8627	0.8701
May	0.8871	0.8691	0.8784
June	0.8823	0.8568	0.8764
July	0.8626	0.8459	0.8568
August	0.8772	0.8356	0.8644
September	0.8946	0.8707	0.8795
October	0.9233	0.8863	0.9002
November	0.9076	0.8844	0.8937
December	0.9214	0.9069	0.9117