YEARLY HIGH
258.4509 NGN
YEARLY LOW
235.8248 NGN
YEARLY AVERAGE
249.9759 NGN

2011 GBP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GBP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 28, valuing the pair at 258.4509. Conversely, the yearly low was recorded on January 3, dropping to 235.8248.

This high-to-low spread represents a total annual volatility of 22.6261 NGN. From a start-to-finish perspective, comparing the January average rate of 240.6872 to the December average rate of 253.4069, the exchange rate registered a net change of 5.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 258.4509 was up 4.62% compared to the 2010 peak of 247.0488, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,292,254 NGN
2010 Average 1,167,877 NGN
Yearly Trough Low 1,179,124 NGN
Transaction Impact: A difference of 113,130.27 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

256.6945
239.2320
JanuMarcMayJulySeptNove

GBP 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 249.7899, compared to 250.1618 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3719 points.

H1 Avg (Jan–Jun) 249.7899
H2 Avg (Jul–Dec) 250.1618

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 15.0232 NGN (High: 257.3196 / Low: 242.2964). On the other end, February was the most stable month, with a tight range of 5.9385 NGN (High: 249.9894 / Low: 244.0509).

August Spread (Volatile) ±15.0232
February Spread (Stable) ±5.9385

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 6.5999 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -6.5999

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 255.2393) against the same month in 2010 (average: 222.3750), the exchange rate shifted by +32.8642 (+14.78%).

2011 Avg (May) 255.2393
2010 Avg (May) 222.3750

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 244.1577 235.8248 240.6872
February 249.9894 244.0509 246.5694
March 254.2631 248.0212 250.5264
April 258.0763 248.3627 253.2099
May 258.4509 252.2878 255.2393
June 256.5441 244.2626 252.5072
July 250.2866 241.1653 245.9073
August 257.3196 242.2964 251.3056
September 251.0786 242.1009 246.9254
October 258.1206 244.6536 252.3176
November 255.8104 246.2653 251.1081
December 257.7500 251.0046 253.4069