YEARLY HIGH
0.0085 BND
YEARLY LOW
0.0077 BND
YEARLY AVERAGE
0.0081 BND

2011 NGN to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.0085. Conversely, the yearly low was recorded on August 23, dropping to 0.0077.

This high-to-low spread represents a total annual volatility of 0.0008 BND. From a start-to-finish perspective, comparing the January average rate of 0.0084 to the December average rate of 0.0080, the exchange rate registered a net change of -5.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0085 was down 9.38% compared to the 2010 peak of 0.0094, 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 8,504 BND
2010 Average 9,026 BND
Yearly Trough Low 7,729 BND
Transaction Impact: A difference of 775.33 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0085
0.0078
JanuMarcMayJulySeptNove

NGN to BND 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 0.0081, compared to 0.0080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0081
H2 Avg (Jul–Dec) 0.0080

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0004 BND (High: 0.0081 / Low: 0.0077). On the other end, February was the most stable month, with a tight range of 0.0001 BND (High: 0.0084 / Low: 0.0083).

August Spread (Volatile) ±0.0004
February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between August and November, 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 February and March, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.0084) against the same month in 2010 (average: 0.0093), the exchange rate shifted by -0.0008 (-9.15%).

2011 Avg (January) 0.0084
2010 Avg (January) 0.0093

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0085 0.0084 0.0084
February 0.0084 0.0083 0.0083
March 0.0083 0.0081 0.0082
April 0.0082 0.0079 0.0081
May 0.0080 0.0078 0.0079
June 0.0081 0.0079 0.0079
July 0.0082 0.0079 0.0080
August 0.0081 0.0077 0.0079
September 0.0081 0.0077 0.0080
October 0.0082 0.0078 0.0080
November 0.0082 0.0079 0.0081
December 0.0081 0.0079 0.0080