2011 ILS to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 ILS to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the ILS to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 46.1873. Conversely, the yearly low was recorded on January 31, dropping to 40.9929.
This high-to-low spread represents a total annual volatility of 5.1944 NGN. From a start-to-finish perspective, comparing the January average rate of 42.5266 to the December average rate of 43.0115, the exchange rate registered a net change of 1.14% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 46.1873 was up 7.12% compared to the 2010 peak of 43.1165, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ILS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
ILS 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 43.9302, compared to 43.2546 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6756 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was August, with a trading range of 3.6019 NGN (High: 44.7337 / Low: 41.1318). On the other end, December was the most stable month, with a tight range of 1.0917 NGN (High: 43.5391 / Low: 42.4474).
Growth Streaks & Declines
TrendsBetween February and April, 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 1.2838 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2011: 45.6190) against the same month in 2010 (average: 39.2322), the exchange rate shifted by +6.3868 (+16.28%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 43.2263 | 40.9929 | 42.5266 |
| February | 42.7408 | 41.0611 | 41.7724 |
| March | 44.6306 | 42.2739 | 43.5182 |
| April | 45.6431 | 44.3868 | 45.0829 |
| May | 45.7654 | 44.0607 | 45.0620 |
| June | 46.1873 | 44.5973 | 45.6190 |
| July | 45.0042 | 43.8890 | 44.5688 |
| August | 44.7337 | 41.1318 | 43.2850 |
| September | 43.3103 | 41.6526 | 42.3972 |
| October | 44.5876 | 42.2404 | 43.6448 |
| November | 43.4622 | 41.9215 | 42.6200 |
| December | 43.5391 | 42.4474 | 43.0115 |