YEARLY HIGH
0.0025 BHD
YEARLY LOW
0.0023 BHD
YEARLY AVERAGE
0.0024 BHD

2011 NGN to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.0025. Conversely, the yearly low was recorded on December 27, dropping to 0.0023.

This high-to-low spread represents a total annual volatility of 0.0002 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0025 to the December average rate of 0.0023, the exchange rate registered a net change of -6.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0025 was up 0.48% compared to the 2010 peak of 0.0025, 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 2,535 BHD
2010 Average 2,492 BHD
Yearly Trough Low 2,290 BHD
Transaction Impact: A difference of 245.57 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0025
0.0023
JanuMarcMayJulySeptNove

NGN to BHD 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 0.0024, compared to 0.0024 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0024
H2 Avg (Jul–Dec) 0.0024

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0001 BHD (High: 0.0025 / Low: 0.0024). On the other end, February was the most stable month, with a tight range of 0.0000 BHD (High: 0.0025 / Low: 0.0024).

August Spread (Volatile) ±0.0001
February Spread (Stable) ±0.0000

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 September and October, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 0.0025) against the same month in 2010 (average: 0.0025), the exchange rate shifted by -0.0000 (-1.93%).

2011 Avg (August) 0.0025
2010 Avg (August) 0.0025

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0025 0.0024 0.0025
February 0.0025 0.0024 0.0025
March 0.0025 0.0024 0.0024
April 0.0025 0.0024 0.0024
May 0.0024 0.0024 0.0024
June 0.0025 0.0024 0.0024
July 0.0025 0.0025 0.0025
August 0.0025 0.0024 0.0025
September 0.0024 0.0024 0.0024
October 0.0024 0.0023 0.0024
November 0.0024 0.0023 0.0024
December 0.0023 0.0023 0.0023