2012 ETB to NGN Historical Review

YEARLY HIGH

9.3980 NGN

YEARLY LOW

8.5522 NGN

YEARLY AVERAGE

8.9395 NGN

2012 ETB to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the ETB to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 9.3980. Conversely, the yearly low was recorded on December 30, dropping to 8.5522.

This high-to-low spread represents a total annual volatility of 0.8458 NGN. From a start-to-finish perspective, comparing the January average rate of 9.3226 to the December average rate of 8.6194, the exchange rate registered a net change of -7.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 9.3980 was down 23.51% compared to the 2011 peak of 12.2871, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 46,990 NGN

2011 Average 49,662 NGN

Yearly Trough Low 42,761 NGN

Transaction Impact: A difference of 4,228.89 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

9.3929

8.5491

JanuMarcMayJulySeptNove

ETB 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 9.1126, compared to 8.7663 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3463 points.

H1 Avg (Jan–Jun) 9.1126

H2 Avg (Jul–Dec) 8.7663

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.3043 NGN (High: 9.1688 / Low: 8.8645). On the other end, October was the most stable month, with a tight range of 0.0463 NGN (High: 8.7119 / Low: 8.6656).

July Spread (Volatile) ±0.3043

October Spread (Stable) ±0.0463

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2012. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.1911 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1911

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2012: 9.3226) against the same month in 2011 (average: 11.9900), the exchange rate shifted by -2.6675 (-22.25%).

2012 Avg (January) 9.3226

2011 Avg (January) 11.9900

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.3980	9.2371	9.3226
February	9.3005	9.0118	9.1314
March	9.0942	8.9705	9.0401
April	9.0409	8.9813	9.0120
May	9.0789	8.9340	9.0038
June	9.2107	9.0903	9.1660
July	9.1688	8.8645	9.0229
August	9.0195	8.7424	8.8414
September	8.8006	8.7070	8.7512
October	8.7119	8.6656	8.6912
November	8.7224	8.6248	8.6718
December	8.6559	8.5522	8.6194