YEARLY HIGH
21.1462 NGN
YEARLY LOW
19.0489 NGN
YEARLY AVERAGE
20.0250 NGN

2011 HKD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the HKD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 21.1462. Conversely, the yearly low was recorded on August 25, dropping to 19.0489.

This high-to-low spread represents a total annual volatility of 2.0973 NGN. From a start-to-finish perspective, comparing the January average rate of 19.6132 to the December average rate of 20.8847, the exchange rate registered a net change of 6.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 21.1462 was up 5.84% compared to the 2010 peak of 19.9790, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 528,655 NGN
2010 Average 486,257 NGN
Yearly Trough Low 476,223 NGN
Transaction Impact: A difference of 52,432.74 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

21.0182
19.4162
JanuMarcMayJulySeptNove

HKD 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 19.8547, compared to 20.1952 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3405 points.

H1 Avg (Jan–Jun) 19.8547
H2 Avg (Jul–Dec) 20.1952

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.9453 NGN (High: 19.9942 / Low: 19.0489). On the other end, February was the most stable month, with a tight range of 0.2453 NGN (High: 19.7929 / Low: 19.5477).

August Spread (Volatile) ±0.9453
February Spread (Stable) ±0.2453

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.4557 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4557

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 20.8847) against the same month in 2010 (average: 19.6328), the exchange rate shifted by +1.2519 (+6.38%).

2011 Avg (December) 20.8847
2010 Avg (December) 19.6328

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.8159 19.5140 19.6132
February 19.7929 19.5477 19.6300
March 20.1394 19.7019 19.9035
April 19.9819 19.7315 19.8950
May 20.2604 19.8884 20.0813
June 20.1277 19.5668 20.0054
July 19.6970 19.3177 19.5497
August 19.9942 19.0489 19.7013
September 20.4142 19.8768 20.0528
October 21.0849 20.2582 20.5681
November 20.7385 20.2328 20.4147
December 21.1462 20.7405 20.8847