YEARLY HIGH
0.1169 ETB
YEARLY LOW
0.1064 ETB
YEARLY AVERAGE
0.1119 ETB

2012 NGN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the NGN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.1169. Conversely, the yearly low was recorded on January 17, dropping to 0.1064.

This high-to-low spread represents a total annual volatility of 0.0105 ETB. From a start-to-finish perspective, comparing the January average rate of 0.1073 to the December average rate of 0.1160, the exchange rate registered a net change of 8.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.1169 was up 1.71% compared to the 2011 peak of 0.1150, 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 116,929 ETB
2011 Average 102,103 ETB
Yearly Trough Low 106,406 ETB
Transaction Impact: A difference of 10,523.11 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.1169
0.1064
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 0.1098, compared to 0.1141 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0043 points.

H1 Avg (Jan–Jun) 0.1098
H2 Avg (Jul–Dec) 0.1141

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.0037 ETB (High: 0.1128 / Low: 0.1091). On the other end, October was the most stable month, with a tight range of 0.0006 ETB (High: 0.1154 / Low: 0.1148).

July Spread (Volatile) ±0.0037
October Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0020 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 0.1160) against the same month in 2011 (average: 0.1062), the exchange rate shifted by +0.0098 (+9.23%).

2012 Avg (December) 0.1160
2011 Avg (December) 0.1062

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1083 0.1064 0.1073
February 0.1110 0.1075 0.1095
March 0.1115 0.1100 0.1106
April 0.1113 0.1106 0.1110
May 0.1119 0.1101 0.1111
June 0.1100 0.1086 0.1091
July 0.1128 0.1091 0.1108
August 0.1144 0.1109 0.1131
September 0.1149 0.1136 0.1143
October 0.1154 0.1148 0.1151
November 0.1159 0.1146 0.1153
December 0.1169 0.1155 0.1160