2012 NGN to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2012.
2012 NGN to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2012
During 2012, the NGN to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 9.8750. Conversely, the yearly low was recorded on January 17, dropping to 7.9146.
This high-to-low spread represents a total annual volatility of 1.9605 BIF. From a start-to-finish perspective, comparing the January average rate of 8.0486 to the December average rate of 9.6995, the exchange rate registered a net change of 20.51% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2012 high of 9.8750 was up 20.07% compared to the 2011 peak of 8.2245, indicating shifts in long-term support levels.
Comparing the value generated converting 1,000,000 NGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2012.
NGN to BIF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 8.3821, compared to 9.3010 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9189 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2012 was April, with a trading range of 0.6438 BIF (High: 8.7730 / Low: 8.1292). On the other end, October was the most stable month, with a tight range of 0.1567 BIF (High: 9.4817 / Low: 9.3250).
Growth Streaks & Declines
TrendsBetween June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.1296 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2012: 9.6995) against the same month in 2011 (average: 7.9331), the exchange rate shifted by +1.7664 (+22.27%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.2692 | 7.9146 | 8.0486 |
| February | 8.3176 | 8.0280 | 8.2043 |
| March | 8.3060 | 8.1427 | 8.2339 |
| April | 8.7730 | 8.1292 | 8.3572 |
| May | 8.9008 | 8.6332 | 8.7891 |
| June | 8.7819 | 8.5557 | 8.6595 |
| July | 9.1432 | 8.6716 | 8.8497 |
| August | 9.2230 | 8.9230 | 9.0904 |
| September | 9.4081 | 9.0995 | 9.2349 |
| October | 9.4817 | 9.3250 | 9.4343 |
| November | 9.6652 | 9.2973 | 9.4970 |
| December | 9.8750 | 9.4890 | 9.6995 |