2011 MVR to NGN Historical Review

YEARLY HIGH

12.2750 NGN

YEARLY LOW

10.5596 NGN

YEARLY AVERAGE

11.4634 NGN

2011 MVR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MVR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 12.2750. Conversely, the yearly low was recorded on August 25, dropping to 10.5596.

This high-to-low spread represents a total annual volatility of 1.7154 NGN. From a start-to-finish perspective, comparing the January average rate of 11.9214 to the December average rate of 11.5311, the exchange rate registered a net change of -3.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 12.2750 was up 1.35% compared to the 2010 peak of 12.1117, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 61,375 NGN

2010 Average 59,024 NGN

Yearly Trough Low 52,798 NGN

Transaction Impact: A difference of 8,576.99 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

12.2463

10.6831

JanuMarcMayJulySeptNove

MVR 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 11.7669, compared to 11.1599 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6070 points.

H1 Avg (Jan–Jun) 11.7669

H2 Avg (Jul–Dec) 11.1599

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 1.0839 NGN (High: 12.1676 / Low: 11.0837). On the other end, February was the most stable month, with a tight range of 0.1375 NGN (High: 12.0390 / Low: 11.9015).

May Spread (Volatile) ±1.0839

February Spread (Stable) ±0.1375

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.6168 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.6168

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2011: 12.1160) against the same month in 2010 (average: 11.7224), the exchange rate shifted by +0.3936 (+3.36%).

2011 Avg (March) 12.1160

2010 Avg (March) 11.7224

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.0328	11.8732	11.9214
February	12.0390	11.9015	11.9448
March	12.2750	11.9884	12.1160
April	12.1349	11.9752	12.0801
May	12.1676	11.0837	11.4633
June	11.1655	10.8279	11.0761
July	10.8819	10.6712	10.8134
August	11.0819	10.5596	10.9104
September	11.2520	10.9867	11.0859
October	11.6237	11.1576	11.3388
November	11.4383	11.1431	11.2799
December	11.6714	11.4401	11.5311