YEARLY HIGH
0.5749 CVE
YEARLY LOW
0.5195 CVE
YEARLY AVERAGE
0.5415 CVE

2012 NGN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the NGN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on July 25, valuing the pair at 0.5749. Conversely, the yearly low was recorded on January 31, dropping to 0.5195.

This high-to-low spread represents a total annual volatility of 0.0554 CVE. From a start-to-finish perspective, comparing the January average rate of 0.5303 to the December average rate of 0.5361, the exchange rate registered a net change of 1.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.5749 was up 2.85% compared to the 2011 peak of 0.5589, 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 574,892 CVE
2011 Average 508,716 CVE
Yearly Trough Low 519,451 CVE
Transaction Impact: A difference of 55,440.47 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.5668
0.5234
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 0.5345, compared to 0.5484 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0139 points.

H1 Avg (Jan–Jun) 0.5345
H2 Avg (Jul–Dec) 0.5484

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.0366 CVE (High: 0.5749 / Low: 0.5383). On the other end, March was the most stable month, with a tight range of 0.0099 CVE (High: 0.5356 / Low: 0.5258).

July Spread (Volatile) ±0.0366
March Spread (Stable) ±0.0099

Growth Streaks & Declines

Trends

Between February and May, 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 August and September, when the average rate fell by 0.0189 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0189

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 0.5585) against the same month in 2011 (average: 0.5072), the exchange rate shifted by +0.0513 (+10.11%).

2012 Avg (July) 0.5585
2011 Avg (July) 0.5072

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5382 0.5195 0.5303
February 0.5331 0.5202 0.5270
March 0.5356 0.5258 0.5302
April 0.5366 0.5258 0.5328
May 0.5577 0.5288 0.5439
June 0.5551 0.5364 0.5431
July 0.5749 0.5383 0.5585
August 0.5711 0.5526 0.5632
September 0.5585 0.5348 0.5442
October 0.5472 0.5363 0.5416
November 0.5527 0.5406 0.5470
December 0.5446 0.5292 0.5361