YEARLY HIGH
229.9361 NGN
YEARLY LOW
197.0356 NGN
YEARLY AVERAGE
216.9682 NGN

2011 EUR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the EUR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 229.9361. Conversely, the yearly low was recorded on January 7, dropping to 197.0356.

This high-to-low spread represents a total annual volatility of 32.9006 NGN. From a start-to-finish perspective, comparing the January average rate of 204.0608 to the December average rate of 213.8408, the exchange rate registered a net change of 4.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 229.9361 was up 4.72% compared to the 2010 peak of 219.5619, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,149,681 NGN
2010 Average 1,002,548 NGN
Yearly Trough Low 985,178 NGN
Transaction Impact: A difference of 164,502.84 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

226.1108
202.0562
JanuMarcMayJulySeptNove

EUR 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 216.9446, compared to 216.9918 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0473 points.

H1 Avg (Jan–Jun) 216.9446
H2 Avg (Jul–Dec) 216.9918

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 16.8758 NGN (High: 227.4706 / Low: 210.5949). On the other end, February was the most stable month, with a tight range of 6.0265 NGN (High: 211.6901 / Low: 205.6636).

October Spread (Volatile) ±16.8758
February Spread (Stable) ±6.0265

Growth Streaks & Declines

Trends

Between January and June, 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 6.4350 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -6.4350

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 223.7344) against the same month in 2010 (average: 190.7413), the exchange rate shifted by +32.9931 (+17.30%).

2011 Avg (May) 223.7344
2010 Avg (May) 190.7413

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 208.5601 197.0356 204.0608
February 211.6901 205.6636 208.7504
March 220.9216 211.6847 217.3848
April 229.4077 218.7857 223.6308
May 229.9361 219.7256 223.7344
June 228.0115 220.8445 224.1063
July 220.8353 212.3512 217.6713
August 225.0930 213.6394 220.2385
September 220.9007 211.5609 215.2015
October 227.4706 210.5949 219.6475
November 219.2034 210.9830 215.3515
December 217.3232 209.8752 213.8408