2011 IRR to NGN Historical Review

YEARLY HIGH

0.0176 NGN

YEARLY LOW

0.0135 NGN

YEARLY AVERAGE

0.0148 NGN

2011 IRR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the IRR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 0.0176. Conversely, the yearly low was recorded on June 14, dropping to 0.0135.

This high-to-low spread represents a total annual volatility of 0.0042 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0147 to the December average rate of 0.0151, the exchange rate registered a net change of 2.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0176 was up 14.30% compared to the 2010 peak of 0.0154, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 88 NGN

2010 Average 75 NGN

Yearly Trough Low 67 NGN

Transaction Impact: A difference of 20.90 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0162

0.0141

JanuMarcMayJulySeptNove

IRR 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 0.0147, compared to 0.0149 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0147

H2 Avg (Jul–Dec) 0.0149

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 0.0031 NGN (High: 0.0176 / Low: 0.0145). On the other end, January was the most stable month, with a tight range of 0.0002 NGN (High: 0.0148 / Low: 0.0146).

November Spread (Volatile) ±0.0031

January Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0009 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.0151) against the same month in 2010 (average: 0.0147), the exchange rate shifted by +0.0004 (+2.48%).

2011 Avg (December) 0.0151

2010 Avg (December) 0.0147

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0148	0.0146	0.0147
February	0.0149	0.0147	0.0148
March	0.0152	0.0149	0.0150
April	0.0149	0.0146	0.0148
May	0.0149	0.0147	0.0148
June	0.0147	0.0135	0.0143
July	0.0145	0.0141	0.0144
August	0.0147	0.0140	0.0145
September	0.0148	0.0145	0.0146
October	0.0154	0.0148	0.0150
November	0.0176	0.0145	0.0160
December	0.0176	0.0145	0.0151