2012 GIP to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2012.
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.
Comparing the value generated converting 5,000 GIP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2012.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |