2011 NGN to ETB Historical Review

YEARLY HIGH

0.1150 ETB

YEARLY LOW

0.0814 ETB

YEARLY AVERAGE

0.1020 ETB

2011 NGN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.1150. Conversely, the yearly low was recorded on March 17, dropping to 0.0814.

This high-to-low spread represents a total annual volatility of 0.0336 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0834 to the December average rate of 0.1062, the exchange rate registered a net change of 27.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1150 was up 36.31% compared to the 2010 peak of 0.0843, 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 114,965 ETB

2010 Average 76,872 ETB

Yearly Trough Low 81,386 ETB

Transaction Impact: A difference of 33,578.06 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1145

0.0795

JanuMarcMayJulySeptNove

NGN to ETB 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 0.0951, compared to 0.1089 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0137 points.

H1 Avg (Jan–Jun) 0.0951

H2 Avg (Jul–Dec) 0.1089

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.0275 ETB (High: 0.1103 / Low: 0.0827). On the other end, February was the most stable month, with a tight range of 0.0009 ETB (High: 0.0837 / Low: 0.0828).

April Spread (Volatile) ±0.0275

February Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0024 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 0.1110) against the same month in 2010 (average: 0.0746), the exchange rate shifted by +0.0364 (+48.73%).

2011 Avg (August) 0.1110

2010 Avg (August) 0.0746

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0838	0.0826	0.0834
February	0.0837	0.0828	0.0834
March	0.0832	0.0814	0.0824
April	0.1103	0.0827	0.1052
May	0.1090	0.1068	0.1078
June	0.1113	0.1078	0.1085
July	0.1133	0.1107	0.1116
August	0.1150	0.1094	0.1110
September	0.1103	0.1076	0.1094
October	0.1088	0.1043	0.1070
November	0.1090	0.1070	0.1081
December	0.1069	0.1051	0.1062