2011 MDL to NGN Historical Review

YEARLY HIGH

14.0496 NGN

YEARLY LOW

12.3295 NGN

YEARLY AVERAGE

13.3159 NGN

2011 MDL to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MDL to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 14.0496. Conversely, the yearly low was recorded on January 12, dropping to 12.3295.

This high-to-low spread represents a total annual volatility of 1.7202 NGN. From a start-to-finish perspective, comparing the January average rate of 12.5335 to the December average rate of 13.8238, the exchange rate registered a net change of 10.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 14.0496 was up 6.94% compared to the 2010 peak of 13.1379, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 70,248 NGN

2010 Average 61,117 NGN

Yearly Trough Low 61,647 NGN

Transaction Impact: A difference of 8,600.76 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

13.9528

12.4044

JanuMarcMayJulySeptNove

MDL 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 13.0867, compared to 13.5452 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4585 points.

H1 Avg (Jan–Jun) 13.0867

H2 Avg (Jul–Dec) 13.5452

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.7039 NGN (High: 13.7953 / Low: 13.0914). On the other end, February was the most stable month, with a tight range of 0.2165 NGN (High: 12.8634 / Low: 12.6469).

August Spread (Volatile) ±0.7039

February Spread (Stable) ±0.2165

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 0.2472 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.2472

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 13.8238) against the same month in 2010 (average: 12.5795), the exchange rate shifted by +1.2443 (+9.89%).

2011 Avg (December) 13.8238

2010 Avg (December) 12.5795

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.7736	12.3295	12.5335
February	12.8634	12.6469	12.7519
March	13.1367	12.8177	12.9797
April	13.5177	12.9626	13.2913
May	13.6699	13.2076	13.4742
June	13.6972	13.1095	13.4895
July	13.4674	13.0733	13.2424
August	13.7953	13.0914	13.5283
September	13.7855	13.2071	13.4557
October	13.9026	13.2743	13.6750
November	13.7034	13.3880	13.5458
December	14.0496	13.6706	13.8238