YEARLY HIGH
52.6538 NGN
YEARLY LOW
49.2616 NGN
YEARLY AVERAGE
50.9806 NGN

2011 MYR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MYR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 11, valuing the pair at 52.6538. Conversely, the yearly low was recorded on September 25, dropping to 49.2616.

This high-to-low spread represents a total annual volatility of 3.3922 NGN. From a start-to-finish perspective, comparing the January average rate of 49.8469 to the December average rate of 51.4270, the exchange rate registered a net change of 3.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 52.6538 was up 4.93% compared to the 2010 peak of 50.1812, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 1,053,075 NGN
2010 Average 939,819 NGN
Yearly Trough Low 985,232 NGN
Transaction Impact: A difference of 67,843.47 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

51.9853
49.6525
JanuMarcMayJulySeptNove

MYR 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 50.9641, compared to 50.9971 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0330 points.

H1 Avg (Jan–Jun) 50.9641
H2 Avg (Jul–Dec) 50.9971

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 3.0654 NGN (High: 52.5893 / Low: 49.5240). On the other end, January was the most stable month, with a tight range of 0.8508 NGN (High: 50.4535 / Low: 49.6026).

October Spread (Volatile) ±3.0654
January Spread (Stable) ±0.8508

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 October and November, when the average rate fell by 0.6671 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.6671

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 51.7909) against the same month in 2010 (average: 46.5971), the exchange rate shifted by +5.1939 (+11.15%).

2011 Avg (May) 51.7909
2010 Avg (May) 46.5971

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 50.4535 49.6026 49.8469
February 50.7932 49.8547 50.2444
March 51.5141 50.5895 51.1134
April 52.2053 50.8332 51.3529
May 52.6538 51.0300 51.7909
June 51.8564 50.4552 51.4359
July 51.8908 49.9786 50.8955
August 52.5803 49.6827 51.4525
September 52.3090 49.2616 50.8085
October 52.5893 49.5240 51.0332
November 51.0087 49.8693 50.3660
December 52.0332 50.8728 51.4270