YEARLY HIGH
0.8692 NGN
YEARLY LOW
0.6663 NGN
YEARLY AVERAGE
0.7794 NGN

2011 HUF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the HUF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.8692. Conversely, the yearly low was recorded on December 31, dropping to 0.6663.

This high-to-low spread represents a total annual volatility of 0.2029 NGN. From a start-to-finish perspective, comparing the January average rate of 0.7415 to the December average rate of 0.7023, the exchange rate registered a net change of -5.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.8692 was up 5.37% compared to the 2010 peak of 0.8249, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 869,197 NGN
2010 Average 729,029 NGN
Yearly Trough Low 666,338 NGN
Transaction Impact: A difference of 202,858.96 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.8578
0.6823
JanuMarcMayJulySeptNove

HUF 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 0.8058, compared to 0.7531 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0527 points.

H1 Avg (Jan–Jun) 0.8058
H2 Avg (Jul–Dec) 0.7531

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0849 NGN (High: 0.8087 / Low: 0.7238). On the other end, February was the most stable month, with a tight range of 0.0289 NGN (High: 0.7833 / Low: 0.7543).

September Spread (Volatile) ±0.0849
February Spread (Stable) ±0.0289

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0511 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0511

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.8384) against the same month in 2010 (average: 0.6904), the exchange rate shifted by +0.1481 (+21.44%).

2011 Avg (May) 0.8384
2010 Avg (May) 0.6904

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7676 0.7046 0.7415
February 0.7833 0.7543 0.7699
March 0.8292 0.7772 0.8020
April 0.8682 0.8226 0.8432
May 0.8692 0.8125 0.8384
June 0.8584 0.8167 0.8397
July 0.8343 0.7833 0.8134
August 0.8293 0.7856 0.8085
September 0.8087 0.7238 0.7574
October 0.7621 0.6984 0.7399
November 0.7176 0.6696 0.6969
December 0.7218 0.6663 0.7023