YEARLY HIGH
257.1231 NGN
YEARLY LOW
246.3856 NGN
YEARLY AVERAGE
251.7584 NGN

2012 GIP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the GIP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 2, valuing the pair at 257.1231. Conversely, the yearly low was recorded on June 3, dropping to 246.3856.

This high-to-low spread represents a total annual volatility of 10.7376 NGN. From a start-to-finish perspective, comparing the January average rate of 250.2742 to the December average rate of 252.3504, the exchange rate registered a net change of 0.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 257.1231 was down 0.67% compared to the 2011 peak of 258.8599, 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 1,285,616 NGN
2011 Average 1,249,599 NGN
Yearly Trough Low 1,231,928 NGN
Transaction Impact: A difference of 53,687.94 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

254.7368
249.0103
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 251.0858, compared to 252.4309 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3451 points.

H1 Avg (Jan–Jun) 251.0858
H2 Avg (Jul–Dec) 252.4309

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 8.8348 NGN (High: 255.7590 / Low: 246.9242). On the other end, November was the most stable month, with a tight range of 1.6612 NGN (High: 252.4129 / Low: 250.7517).

May Spread (Volatile) ±8.8348
November Spread (Stable) ±1.6612

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 2.6700 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.6700

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 254.2596) against the same month in 2011 (average: 245.5655), the exchange rate shifted by +8.6941 (+3.54%).

2012 Avg (July) 254.2596
2011 Avg (July) 245.5655

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 254.1872 247.7598 250.2742
February 255.2015 246.6281 250.6863
March 252.1622 247.1801 249.4875
April 255.8827 249.6013 251.9342
May 255.7590 246.9242 252.1051
June 254.6480 246.3856 252.0277
July 257.1231 249.8084 254.2596
August 255.6699 247.9851 251.5896
September 254.5075 250.6638 252.9016
October 253.0101 250.9403 251.9832
November 252.4129 250.7517 251.5012
December 254.9391 250.6564 252.3504