YEARLY HIGH
0.0401 EGP
YEARLY LOW
0.0363 EGP
YEARLY AVERAGE
0.0381 EGP

2011 NGN to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.0401. Conversely, the yearly low was recorded on October 10, dropping to 0.0363.

This high-to-low spread represents a total annual volatility of 0.0038 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0381 to the December average rate of 0.0371, the exchange rate registered a net change of -2.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0401 was up 4.36% compared to the 2010 peak of 0.0385, 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 40,142 EGP
2010 Average 37,301 EGP
Yearly Trough Low 36,350 EGP
Transaction Impact: A difference of 3,792.84 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0393
0.0369
JanuMarcMayJulySeptNove

NGN to EGP 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 0.0383, compared to 0.0380 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) 0.0383
H2 Avg (Jul–Dec) 0.0380

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0018 EGP (High: 0.0401 / Low: 0.0384). On the other end, April was the most stable month, with a tight range of 0.0004 EGP (High: 0.0388 / Low: 0.0383).

August Spread (Volatile) ±0.0018
April Spread (Stable) ±0.0004

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 September and October, when the average rate fell by 0.0009 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 0.0388) against the same month in 2010 (average: 0.0378), the exchange rate shifted by +0.0010 (+2.61%).

2011 Avg (August) 0.0388
2010 Avg (August) 0.0378

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0385 0.0376 0.0381
February 0.0390 0.0382 0.0384
March 0.0385 0.0377 0.0382
April 0.0388 0.0383 0.0385
May 0.0386 0.0378 0.0381
June 0.0392 0.0379 0.0382
July 0.0397 0.0389 0.0391
August 0.0401 0.0384 0.0388
September 0.0386 0.0375 0.0382
October 0.0379 0.0363 0.0373
November 0.0380 0.0373 0.0377
December 0.0373 0.0367 0.0371