YEARLY HIGH
0.0435 CNY
YEARLY LOW
0.0384 CNY
YEARLY AVERAGE
0.0415 CNY

2011 NGN to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.0435. Conversely, the yearly low was recorded on December 27, dropping to 0.0384.

This high-to-low spread represents a total annual volatility of 0.0051 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0432 to the December average rate of 0.0390, the exchange rate registered a net change of -9.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0435 was down 4.87% compared to the 2010 peak of 0.0458, 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 43,523 CNY
2010 Average 44,805 CNY
Yearly Trough Low 38,447 CNY
Transaction Impact: A difference of 5,076.09 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0437
0.0386
JanuMarcMayJulySeptNove

NGN to CNY 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 0.0423, compared to 0.0406 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0423
H2 Avg (Jul–Dec) 0.0406

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0020 CNY (High: 0.0430 / Low: 0.0410). On the other end, April was the most stable month, with a tight range of 0.0006 CNY (High: 0.0426 / Low: 0.0420).

August Spread (Volatile) ±0.0020
April Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0010 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.0432) against the same month in 2010 (average: 0.0454), the exchange rate shifted by -0.0021 (-4.71%).

2011 Avg (January) 0.0432
2010 Avg (January) 0.0454

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0435 0.0429 0.0432
February 0.0433 0.0426 0.0430
March 0.0428 0.0418 0.0423
April 0.0426 0.0420 0.0422
May 0.0420 0.0412 0.0416
June 0.0425 0.0412 0.0416
July 0.0430 0.0421 0.0424
August 0.0430 0.0410 0.0417
September 0.0412 0.0401 0.0409
October 0.0404 0.0387 0.0398
November 0.0403 0.0395 0.0400
December 0.0395 0.0384 0.0390