2011 MGA to NGN Historical Review

YEARLY HIGH

0.0811 NGN

YEARLY LOW

0.0710 NGN

YEARLY AVERAGE

0.0772 NGN

2011 MGA to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MGA to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 22, valuing the pair at 0.0811. Conversely, the yearly low was recorded on January 3, dropping to 0.0710.

This high-to-low spread represents a total annual volatility of 0.0101 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0730 to the December average rate of 0.0759, the exchange rate registered a net change of 4.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0811 was up 4.68% compared to the 2010 peak of 0.0775, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 406 NGN

2010 Average 361 NGN

Yearly Trough Low 355 NGN

Transaction Impact: A difference of 50.73 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0810

0.0722

JanuMarcMayJulySeptNove

MGA 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 0.0774, compared to 0.0770 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0774

H2 Avg (Jul–Dec) 0.0770

Volatility Range Comparison

Volatility

The most volatile month in 2011 was December, with a trading range of 0.0051 NGN (High: 0.0777 / Low: 0.0726). On the other end, May was the most stable month, with a tight range of 0.0015 NGN (High: 0.0803 / Low: 0.0789).

December Spread (Volatile) ±0.0051

May Spread (Stable) ±0.0015

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 0.0025 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2011: 0.0803) against the same month in 2010 (average: 0.0692), the exchange rate shifted by +0.0111 (+16.04%).

2011 Avg (June) 0.0803

2010 Avg (June) 0.0692

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0744	0.0710	0.0730
February	0.0767	0.0745	0.0757
March	0.0782	0.0764	0.0774
April	0.0795	0.0770	0.0785
May	0.0803	0.0789	0.0796
June	0.0811	0.0785	0.0803
July	0.0790	0.0768	0.0778
August	0.0798	0.0764	0.0784
September	0.0799	0.0767	0.0779
October	0.0794	0.0747	0.0765
November	0.0764	0.0744	0.0753
December	0.0777	0.0726	0.0759