YEARLY HIGH
66.7450 NGN
YEARLY LOW
57.1328 NGN
YEARLY AVERAGE
62.8223 NGN

2011 LTL to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the LTL to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 66.7450. Conversely, the yearly low was recorded on January 10, dropping to 57.1328.

This high-to-low spread represents a total annual volatility of 9.6121 NGN. From a start-to-finish perspective, comparing the January average rate of 59.0705 to the December average rate of 61.9735, the exchange rate registered a net change of 4.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 66.7450 was up 4.72% compared to the 2010 peak of 63.7376, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 333,725 NGN
2010 Average 290,270 NGN
Yearly Trough Low 285,664 NGN
Transaction Impact: A difference of 48,060.74 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

65.4975
58.4863
JanuMarcMayJulySeptNove

LTL 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 62.8149, compared to 62.8298 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0149 points.

H1 Avg (Jan–Jun) 62.8149
H2 Avg (Jul–Dec) 62.8298

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 4.7864 NGN (High: 65.3421 / Low: 60.5557). On the other end, February was the most stable month, with a tight range of 2.0208 NGN (High: 61.4374 / Low: 59.4166).

October Spread (Volatile) ±4.7864
February Spread (Stable) ±2.0208

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 1.9135 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.9135

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 64.9132) against the same month in 2010 (average: 55.3103), the exchange rate shifted by +9.6029 (+17.36%).

2011 Avg (May) 64.9132
2010 Avg (May) 55.3103

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 60.4256 57.1328 59.0705
February 61.4374 59.4166 60.4276
March 63.8870 61.4384 62.8744
April 66.5543 63.1501 64.7270
May 66.7450 63.5804 64.9132
June 65.9281 63.6236 64.8766
July 64.0105 61.4561 62.9631
August 65.2961 62.0335 63.7656
September 64.0226 61.1327 62.3804
October 65.3421 60.5557 63.5567
November 63.5848 61.0830 62.3395
December 63.0556 60.7690 61.9735