YEARLY HIGH
0.0768 NGN
YEARLY LOW
0.0690 NGN
YEARLY AVERAGE
0.0725 NGN

2012 MGA to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MGA to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 11, valuing the pair at 0.0768. Conversely, the yearly low was recorded on December 30, dropping to 0.0690.

This high-to-low spread represents a total annual volatility of 0.0077 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0727 to the December average rate of 0.0696, the exchange rate registered a net change of -4.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.0768 was down 5.39% compared to the 2011 peak of 0.0811, 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 384 NGN
2011 Average 386 NGN
Yearly Trough Low 345 NGN
Transaction Impact: A difference of 38.67 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.0766
0.0689
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 0.0743, compared to 0.0708 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.0743
H2 Avg (Jul–Dec) 0.0708

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.0050 NGN (High: 0.0746 / Low: 0.0696). On the other end, October was the most stable month, with a tight range of 0.0010 NGN (High: 0.0721 / Low: 0.0710).

July Spread (Volatile) ±0.0050
October Spread (Stable) ±0.0010

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 0.0042 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2012: 0.0758) against the same month in 2011 (average: 0.0803), the exchange rate shifted by -0.0044 (-5.52%).

2012 Avg (June) 0.0758
2011 Avg (June) 0.0803

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0739 0.0714 0.0727
February 0.0740 0.0717 0.0730
March 0.0749 0.0728 0.0736
April 0.0759 0.0743 0.0749
May 0.0763 0.0751 0.0759
June 0.0768 0.0744 0.0758
July 0.0746 0.0696 0.0716
August 0.0720 0.0697 0.0706
September 0.0719 0.0703 0.0711
October 0.0721 0.0710 0.0716
November 0.0710 0.0696 0.0703
December 0.0701 0.0690 0.0696