YEARLY HIGH
21.0311 NGN
YEARLY LOW
18.9482 NGN
YEARLY AVERAGE
20.0205 NGN

2011 GTQ to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GTQ to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 21.0311. Conversely, the yearly low was recorded on August 25, dropping to 18.9482.

This high-to-low spread represents a total annual volatility of 2.0829 NGN. From a start-to-finish perspective, comparing the January average rate of 19.1429 to the December average rate of 20.8060, the exchange rate registered a net change of 8.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 21.0311 was up 8.08% compared to the 2010 peak of 19.4580, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 105,155 NGN
2010 Average 93,705 NGN
Yearly Trough Low 94,741 NGN
Transaction Impact: A difference of 10,414.30 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

20.9723
18.9766
JanuMarcMayJulySeptNove

GTQ 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 19.9213, compared to 20.1197 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1984 points.

H1 Avg (Jan–Jun) 19.9213
H2 Avg (Jul–Dec) 20.1197

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.9647 NGN (High: 19.9129 / Low: 18.9482). On the other end, April was the most stable month, with a tight range of 0.3131 NGN (High: 20.4089 / Low: 20.0959).

August Spread (Volatile) ±0.9647
April Spread (Stable) ±0.3131

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 May and June, when the average rate fell by 0.4499 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.4499

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 20.8060) against the same month in 2010 (average: 19.1440), the exchange rate shifted by +1.6620 (+8.68%).

2011 Avg (December) 20.8060
2010 Avg (December) 19.1440

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.3069 18.9863 19.1429
February 19.7771 19.3643 19.5963
March 20.4386 19.6885 20.1063
April 20.4089 20.0959 20.2698
May 20.6956 20.0424 20.4311
June 20.2725 19.5922 19.9812
July 19.7151 19.3426 19.6032
August 19.9129 18.9482 19.6384
September 20.2776 19.6744 19.9320
October 20.8188 20.1565 20.4001
November 20.5009 20.0744 20.3384
December 21.0311 20.5067 20.8060