2011 NGN to CVE Historical Review

YEARLY HIGH

0.5589 CVE

YEARLY LOW

0.4784 CVE

YEARLY AVERAGE

0.5088 CVE

2011 NGN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.5589. Conversely, the yearly low was recorded on May 4, dropping to 0.4784.

This high-to-low spread represents a total annual volatility of 0.0805 CVE. From a start-to-finish perspective, comparing the January average rate of 0.5408 to the December average rate of 0.5156, the exchange rate registered a net change of -4.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.5589 was down 8.48% compared to the 2010 peak of 0.6107, 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 558,944 CVE

2010 Average 551,219 CVE

Yearly Trough Low 478,449 CVE

Transaction Impact: A difference of 80,495.21 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.5457

0.4871

JanuMarcMayJulySeptNove

NGN to CVE 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 0.5092, compared to 0.5084 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.5092

H2 Avg (Jul–Dec) 0.5084

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0386 CVE (High: 0.5274 / Low: 0.4887). On the other end, June was the most stable month, with a tight range of 0.0175 CVE (High: 0.5019 / Low: 0.4844).

October Spread (Volatile) ±0.0386

June Spread (Stable) ±0.0175

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 February and March, when the average rate fell by 0.0205 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0205

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.5408) against the same month in 2010 (average: 0.5139), the exchange rate shifted by +0.0269 (+5.24%).

2011 Avg (January) 0.5408

2010 Avg (January) 0.5139

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5589	0.5285	0.5408
February	0.5375	0.5198	0.5285
March	0.5198	0.4999	0.5080
April	0.5057	0.4798	0.4935
May	0.5023	0.4784	0.4920
June	0.5019	0.4844	0.4923
July	0.5196	0.4989	0.5072
August	0.5148	0.4891	0.5009
September	0.5224	0.4988	0.5120
October	0.5274	0.4887	0.5026
November	0.5237	0.5022	0.5123
December	0.5262	0.5053	0.5156