YEARLY HIGH
592.7871 NGN
YEARLY LOW
539.7287 NGN
YEARLY AVERAGE
563.8526 NGN

2011 KWD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the KWD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 10, valuing the pair at 592.7871. Conversely, the yearly low was recorded on January 9, dropping to 539.7287.

This high-to-low spread represents a total annual volatility of 53.0584 NGN. From a start-to-finish perspective, comparing the January average rate of 543.1391 to the December average rate of 584.5199, the exchange rate registered a net change of 7.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 592.7871 was up 8.09% compared to the 2010 peak of 548.4079, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,963,936 NGN
2010 Average 2,632,356 NGN
Yearly Trough Low 2,698,644 NGN
Transaction Impact: A difference of 265,291.83 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

588.6580
539.0010
JanuMarcMayJulySeptNove

KWD 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 556.6367, compared to 571.0685 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.4318 points.

H1 Avg (Jan–Jun) 556.6367
H2 Avg (Jul–Dec) 571.0685

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 27.2655 NGN (High: 572.0113 / Low: 544.7458). On the other end, February was the most stable month, with a tight range of 6.9165 NGN (High: 550.5190 / Low: 543.6025).

August Spread (Volatile) ±27.2655
February Spread (Stable) ±6.9165

Growth Streaks & Declines

Trends

Between January and June, 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 June and July, when the average rate fell by 11.0704 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -11.0704

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 580.0957) against the same month in 2010 (average: 538.5482), the exchange rate shifted by +41.5475 (+7.71%).

2011 Avg (October) 580.0957
2010 Avg (October) 538.5482

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 547.2177 539.7287 543.1391
February 550.5190 543.6025 546.3296
March 565.6946 550.9730 558.1998
April 563.4423 553.9823 559.1524
May 570.1026 562.3655 566.3790
June 570.8020 553.9418 566.6204
July 560.1898 547.8820 555.5500
August 572.0113 544.7458 563.1113
September 574.7128 563.3260 567.7830
October 592.7871 572.6018 580.0957
November 582.4867 569.7806 575.3513
December 590.7991 579.5522 584.5199