YEARLY HIGH
0.1092 NGN
YEARLY LOW
0.0986 NGN
YEARLY AVERAGE
0.1035 NGN

2011 LBP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the LBP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.1092. Conversely, the yearly low was recorded on August 25, dropping to 0.0986.

This high-to-low spread represents a total annual volatility of 0.0105 NGN. From a start-to-finish perspective, comparing the January average rate of 0.1015 to the December average rate of 0.1078, the exchange rate registered a net change of 6.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1092 was up 5.92% compared to the 2010 peak of 0.1031, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 546 NGN
2010 Average 502 NGN
Yearly Trough Low 493 NGN
Transaction Impact: A difference of 52.67 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1085
0.1000
JanuMarcMayJulySeptNove

LBP 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 0.1026, compared to 0.1043 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.1026
H2 Avg (Jul–Dec) 0.1043

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0049 NGN (High: 0.1035 / Low: 0.0986). On the other end, February was the most stable month, with a tight range of 0.0012 NGN (High: 0.1023 / Low: 0.1012).

August Spread (Volatile) ±0.0049
February Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between July and October, 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 June and July, when the average rate fell by 0.0024 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.1078) against the same month in 2010 (average: 0.1016), the exchange rate shifted by +0.0062 (+6.10%).

2011 Avg (December) 0.1078
2010 Avg (December) 0.1016

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1025 0.1012 0.1015
February 0.1023 0.1012 0.1017
March 0.1046 0.1019 0.1031
April 0.1032 0.1018 0.1028
May 0.1047 0.1026 0.1035
June 0.1039 0.1013 0.1031
July 0.1014 0.0993 0.1007
August 0.1035 0.0986 0.1019
September 0.1055 0.1027 0.1037
October 0.1091 0.1045 0.1062
November 0.1071 0.1044 0.1055
December 0.1092 0.1070 0.1078