2011 GIP to NGN Historical Review

YEARLY HIGH

258.8599 NGN

YEARLY LOW

235.5311 NGN

YEARLY AVERAGE

249.9027 NGN

2011 GIP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GIP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 11, valuing the pair at 258.8599. Conversely, the yearly low was recorded on January 9, dropping to 235.5311.

This high-to-low spread represents a total annual volatility of 23.3288 NGN. From a start-to-finish perspective, comparing the January average rate of 240.4956 to the December average rate of 253.5883, the exchange rate registered a net change of 5.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 258.8599 was up 4.80% compared to the 2010 peak of 247.0034, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,294,300 NGN

2010 Average 1,167,630 NGN

Yearly Trough Low 1,177,655 NGN

Transaction Impact: A difference of 116,644.21 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

256.7722

239.0159

JanuMarcMayJulySeptNove

GIP 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 249.7158, compared to 250.0896 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3738 points.

H1 Avg (Jan–Jun) 249.7158

H2 Avg (Jul–Dec) 250.0896

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 14.3026 NGN (High: 257.3680 / Low: 243.0654). On the other end, February was the most stable month, with a tight range of 5.9865 NGN (High: 249.9488 / Low: 243.9623).

August Spread (Volatile) ±14.3026

February Spread (Stable) ±5.9865

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 6.9165 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -6.9165

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 255.2925) against the same month in 2010 (average: 222.3395), the exchange rate shifted by +32.9530 (+14.82%).

2011 Avg (May) 255.2925

2010 Avg (May) 222.3395

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	244.3404	235.5311	240.4956
February	249.9488	243.9623	246.4760
March	254.1932	247.3993	250.4033
April	257.7085	247.8459	253.1454
May	258.8599	252.4062	255.2925
June	256.7536	243.8331	252.4820
July	249.8405	240.4077	245.5655
August	257.3680	243.0654	251.2509
September	251.0672	241.9662	247.0383
October	257.4611	244.1175	252.0927
November	254.7229	246.0192	251.0018
December	257.7961	251.0163	253.5883