2011 NGN to ALL Historical Review

YEARLY HIGH

0.6998 ALL

YEARLY LOW

0.6186 ALL

YEARLY AVERAGE

0.6474 ALL

2011 NGN to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.6998. Conversely, the yearly low was recorded on May 4, dropping to 0.6186.

This high-to-low spread represents a total annual volatility of 0.0812 ALL. From a start-to-finish perspective, comparing the January average rate of 0.6807 to the December average rate of 0.6466, the exchange rate registered a net change of -5.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.6998 was down 7.31% compared to the 2010 peak of 0.7549, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 699,754 ALL

2010 Average 688,589 ALL

Yearly Trough Low 618,600 ALL

Transaction Impact: A difference of 81,154.09 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.6855

0.6283

JanuMarcMayJulySeptNove

NGN to ALL 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 0.6492, compared to 0.6455 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.6492

H2 Avg (Jul–Dec) 0.6455

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0401 ALL (High: 0.6662 / Low: 0.6261). On the other end, June was the most stable month, with a tight range of 0.0157 ALL (High: 0.6424 / Low: 0.6267).

October Spread (Volatile) ±0.0401

June Spread (Stable) ±0.0157

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0233 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0233

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.6807) against the same month in 2010 (average: 0.6441), the exchange rate shifted by +0.0366 (+5.68%).

2011 Avg (January) 0.6807

2010 Avg (January) 0.6441

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6998	0.6690	0.6807
February	0.6775	0.6605	0.6689
March	0.6586	0.6348	0.6456
April	0.6441	0.6205	0.6335
May	0.6424	0.6186	0.6331
June	0.6424	0.6267	0.6336
July	0.6550	0.6355	0.6432
August	0.6568	0.6237	0.6355
September	0.6627	0.6354	0.6522
October	0.6662	0.6261	0.6414
November	0.6637	0.6468	0.6543
December	0.6602	0.6308	0.6466