2011 LRD to NGN Historical Review

YEARLY HIGH

2.2804 NGN

YEARLY LOW

2.0704 NGN

YEARLY AVERAGE

2.1632 NGN

2011 LRD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the LRD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 2.2804. Conversely, the yearly low was recorded on July 3, dropping to 2.0704.

This high-to-low spread represents a total annual volatility of 0.2100 NGN. From a start-to-finish perspective, comparing the January average rate of 2.1295 to the December average rate of 2.2533, the exchange rate registered a net change of 5.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.2804 was up 0.85% compared to the 2010 peak of 2.2612, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,402 NGN

2010 Average 10,675 NGN

Yearly Trough Low 10,352 NGN

Transaction Impact: A difference of 1,049.83 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.2686

2.0840

JanuMarcMayJulySeptNove

LRD 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 2.1444, compared to 2.1820 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0376 points.

H1 Avg (Jan–Jun) 2.1444

H2 Avg (Jul–Dec) 2.1820

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.1030 NGN (High: 2.1767 / Low: 2.0737). On the other end, February was the most stable month, with a tight range of 0.0284 NGN (High: 2.1298 / Low: 2.1015).

August Spread (Volatile) ±0.1030

February Spread (Stable) ±0.0284

Growth Streaks & Declines

Trends

Between July and December, 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 0.0546 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0546

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 2.2533) against the same month in 2010 (average: 2.2042), the exchange rate shifted by +0.0491 (+2.23%).

2011 Avg (December) 2.2533

2010 Avg (December) 2.2042

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1907	2.1023	2.1295
February	2.1298	2.1015	2.1111
March	2.1779	2.1170	2.1511
April	2.1793	2.1336	2.1537
May	2.2006	2.1305	2.1670
June	2.1773	2.0854	2.1540
July	2.1291	2.0704	2.0994
August	2.1767	2.0737	2.1264
September	2.2234	2.1345	2.1753
October	2.2792	2.1846	2.2169
November	2.2485	2.1687	2.2209
December	2.2804	2.2239	2.2533