2012 HNL to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2012.
2012 HNL to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2012
During 2012, the HNL to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 8.5595. Conversely, the yearly low was recorded on December 31, dropping to 7.8478.
This high-to-low spread represents a total annual volatility of 0.7117 NGN. From a start-to-finish perspective, comparing the January average rate of 8.4722 to the December average rate of 7.9210, the exchange rate registered a net change of -6.51% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2012 high of 8.5595 was down 1.29% compared to the 2011 peak of 8.6712, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HNL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2012.
HNL 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 8.3572, compared to 8.0882 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2690 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2012 was August, with a trading range of 0.4100 NGN (High: 8.4484 / Low: 8.0384). On the other end, April was the most stable month, with a tight range of 0.0351 NGN (High: 8.2745 / Low: 8.2394).
Growth Streaks & Declines
TrendsBetween April and June, 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 0.2988 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2012: 8.5161) against the same month in 2011 (average: 8.2347), the exchange rate shifted by +0.2814 (+3.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.5492 | 8.3884 | 8.4722 |
| February | 8.4502 | 8.2032 | 8.3173 |
| March | 8.2957 | 8.2497 | 8.2694 |
| April | 8.2745 | 8.2394 | 8.2605 |
| May | 8.3916 | 8.2268 | 8.3075 |
| June | 8.5595 | 8.4308 | 8.5161 |
| July | 8.5521 | 8.2922 | 8.4595 |
| August | 8.4484 | 8.0384 | 8.1607 |
| September | 8.0930 | 7.9993 | 8.0405 |
| October | 8.0023 | 7.9644 | 7.9856 |
| November | 8.0029 | 7.9324 | 7.9619 |
| December | 7.9548 | 7.8478 | 7.9210 |