YEARLY HIGH
0.0067 CAD
YEARLY LOW
0.0061 CAD
YEARLY AVERAGE
0.0063 CAD

2011 NGN to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 0.0067. Conversely, the yearly low was recorded on May 11, dropping to 0.0061.

This high-to-low spread represents a total annual volatility of 0.0006 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0065 to the December average rate of 0.0063, the exchange rate registered a net change of -3.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0067 was down 6.47% compared to the 2010 peak of 0.0071, 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 6,657 CAD
2010 Average 6,819 CAD
Yearly Trough Low 6,099 CAD
Transaction Impact: A difference of 558.31 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0065
0.0062
JanuMarcMayJulySeptNove

NGN to CAD 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 0.0063, compared to 0.0064 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0063
H2 Avg (Jul–Dec) 0.0064

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0005 CAD (High: 0.0067 / Low: 0.0062). On the other end, March was the most stable month, with a tight range of 0.0001 CAD (High: 0.0063 / Low: 0.0062).

October Spread (Volatile) ±0.0005
March Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and June, 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 November and December, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 0.0064) against the same month in 2010 (average: 0.0067), the exchange rate shifted by -0.0003 (-4.79%).

2011 Avg (October) 0.0064
2010 Avg (October) 0.0067

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0066 0.0064 0.0065
February 0.0065 0.0064 0.0065
March 0.0063 0.0062 0.0063
April 0.0063 0.0061 0.0062
May 0.0063 0.0061 0.0062
June 0.0064 0.0062 0.0063
July 0.0064 0.0062 0.0063
August 0.0066 0.0062 0.0064
September 0.0066 0.0063 0.0064
October 0.0067 0.0062 0.0064
November 0.0066 0.0063 0.0065
December 0.0064 0.0062 0.0063