2011 FJD to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 FJD to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the FJD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 92.5208. Conversely, the yearly low was recorded on January 3, dropping to 81.0591.
This high-to-low spread represents a total annual volatility of 11.4617 NGN. From a start-to-finish perspective, comparing the January average rate of 82.9010 to the December average rate of 88.7334, the exchange rate registered a net change of 7.04% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 92.5208 was up 10.25% compared to the 2010 peak of 83.9187, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FJD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
FJD to NGN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 85.5915, compared to 87.6943 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1027 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was October, with a trading range of 7.3943 NGN (High: 92.5208 / Low: 85.1265). On the other end, May was the most stable month, with a tight range of 1.5722 NGN (High: 88.6409 / Low: 87.0687).
Growth Streaks & Declines
TrendsBetween 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 0.7956 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2011: 87.5276) against the same month in 2010 (average: 81.6501), the exchange rate shifted by +5.8775 (+7.20%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 84.1673 | 81.0591 | 82.9010 |
| February | 83.9576 | 82.2479 | 83.1043 |
| March | 85.6981 | 82.8706 | 84.4845 |
| April | 88.4213 | 85.0114 | 86.7770 |
| May | 88.6409 | 87.0687 | 88.0568 |
| June | 88.9381 | 86.1102 | 88.2257 |
| July | 88.8270 | 86.4309 | 87.4301 |
| August | 89.3422 | 84.1116 | 87.7911 |
| September | 88.5840 | 85.5386 | 87.2550 |
| October | 92.5208 | 85.1265 | 87.5276 |
| November | 89.8976 | 85.5941 | 87.4284 |
| December | 90.2564 | 87.5748 | 88.7334 |