2011 MRO to NGN Historical Review

YEARLY HIGH

0.5839 NGN

YEARLY LOW

0.5316 NGN

YEARLY AVERAGE

0.5574 NGN

2011 MRO to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MRO to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 13, valuing the pair at 0.5839. Conversely, the yearly low was recorded on February 27, dropping to 0.5316.

This high-to-low spread represents a total annual volatility of 0.0523 NGN. From a start-to-finish perspective, comparing the January average rate of 0.5445 to the December average rate of 0.5673, the exchange rate registered a net change of 4.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.5839 was down 0.66% compared to the 2010 peak of 0.5878, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,919 NGN

2010 Average 2,761 NGN

Yearly Trough Low 2,658 NGN

Transaction Impact: A difference of 261.26 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.5783

0.5392

JanuMarcMayJulySeptNove

MRO 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 0.5574, compared to 0.5573 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.5574

H2 Avg (Jul–Dec) 0.5573

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0330 NGN (High: 0.5735 / Low: 0.5405). On the other end, July was the most stable month, with a tight range of 0.0123 NGN (High: 0.5611 / Low: 0.5489).

October Spread (Volatile) ±0.0330

July Spread (Stable) ±0.0123

Growth Streaks & Declines

Trends

Between August and December, 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 0.0178 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0178

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.5750) against the same month in 2010 (average: 0.5599), the exchange rate shifted by +0.0151 (+2.70%).

2011 Avg (May) 0.5750

2010 Avg (May) 0.5599

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5526	0.5377	0.5445
February	0.5556	0.5316	0.5424
March	0.5638	0.5365	0.5496
April	0.5709	0.5470	0.5624
May	0.5839	0.5667	0.5750
June	0.5797	0.5572	0.5707
July	0.5611	0.5489	0.5529
August	0.5637	0.5323	0.5528
September	0.5639	0.5502	0.5562
October	0.5735	0.5405	0.5569
November	0.5677	0.5503	0.5578
December	0.5747	0.5601	0.5673