2011 GNF to ZMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 GNF to ZMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the GNF to ZMK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 0.7753. Conversely, the yearly low was recorded on March 3, dropping to 0.6198.
This high-to-low spread represents a total annual volatility of 0.1555 ZMK. From a start-to-finish perspective, comparing the January average rate of 0.6625 to the December average rate of 0.7414, the exchange rate registered a net change of 11.90% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 0.7753 was down 25.62% compared to the 2010 peak of 1.0424, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GNF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
GNF to ZMK 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 0.6744, compared to 0.7377 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0633 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was March, with a trading range of 0.0694 ZMK (High: 0.6892 / Low: 0.6198). On the other end, April was the most stable month, with a tight range of 0.0121 ZMK (High: 0.6733 / Low: 0.6612).
Growth Streaks & Declines
TrendsBetween February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0122 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2011: 0.7462) against the same month in 2010 (average: 0.8360), the exchange rate shifted by -0.0898 (-10.74%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.6882 | 0.6354 | 0.6625 |
| February | 0.6688 | 0.6261 | 0.6503 |
| March | 0.6892 | 0.6198 | 0.6678 |
| April | 0.6733 | 0.6612 | 0.6685 |
| May | 0.7185 | 0.6592 | 0.6753 |
| June | 0.7319 | 0.7100 | 0.7218 |
| July | 0.7300 | 0.7153 | 0.7238 |
| August | 0.7554 | 0.7062 | 0.7355 |
| September | 0.7753 | 0.7110 | 0.7462 |
| October | 0.7533 | 0.7110 | 0.7353 |
| November | 0.7614 | 0.7205 | 0.7438 |
| December | 0.7627 | 0.7291 | 0.7414 |