2011 GNF to NGN Historical Review

YEARLY HIGH

0.0245 NGN

YEARLY LOW

0.0198 NGN

YEARLY AVERAGE

0.0226 NGN

2011 GNF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GNF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 10, valuing the pair at 0.0245. Conversely, the yearly low was recorded on February 6, dropping to 0.0198.

This high-to-low spread represents a total annual volatility of 0.0047 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0211 to the December average rate of 0.0234, the exchange rate registered a net change of 10.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0245 was down 19.47% compared to the 2010 peak of 0.0304, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 122 NGN

2010 Average 138 NGN

Yearly Trough Low 99 NGN

Transaction Impact: A difference of 23.53 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0240

0.0205

JanuMarcMayJulySeptNove

GNF 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 0.0218, compared to 0.0233 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0218

H2 Avg (Jul–Dec) 0.0233

Volatility Range Comparison

Volatility

The most volatile month in 2011 was March, with a trading range of 0.0021 NGN (High: 0.0223 / Low: 0.0202). On the other end, April was the most stable month, with a tight range of 0.0002 NGN (High: 0.0220 / Low: 0.0218).

March Spread (Volatile) ±0.0021

April Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and June, 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 0.0005 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 0.0237) against the same month in 2010 (average: 0.0223), the exchange rate shifted by +0.0014 (+6.31%).

2011 Avg (October) 0.0237

2010 Avg (October) 0.0223

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0220	0.0200	0.0211
February	0.0212	0.0198	0.0208
March	0.0223	0.0202	0.0217
April	0.0220	0.0218	0.0219
May	0.0236	0.0216	0.0221
June	0.0237	0.0227	0.0233
July	0.0229	0.0224	0.0228
August	0.0237	0.0220	0.0229
September	0.0244	0.0231	0.0237
October	0.0245	0.0231	0.0237
November	0.0240	0.0229	0.0234
December	0.0241	0.0230	0.0234