2011 NGN to GMD Historical Review

YEARLY HIGH

0.1906 GMD

YEARLY LOW

0.1688 GMD

YEARLY AVERAGE

0.1808 GMD

2011 NGN to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.1906. Conversely, the yearly low was recorded on June 20, dropping to 0.1688.

This high-to-low spread represents a total annual volatility of 0.0218 GMD. From a start-to-finish perspective, comparing the January average rate of 0.1817 to the December average rate of 0.1783, the exchange rate registered a net change of -1.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1906 was down 3.73% compared to the 2010 peak of 0.1980, 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 190,570 GMD

2010 Average 182,768 GMD

Yearly Trough Low 168,765 GMD

Transaction Impact: A difference of 21,805.78 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1872

0.1763

JanuMarcMayJulySeptNove

NGN to GMD 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 0.1794, compared to 0.1822 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.1794

H2 Avg (Jul–Dec) 0.1822

Volatility Range Comparison

Volatility

The most volatile month in 2011 was July, with a trading range of 0.0149 GMD (High: 0.1882 / Low: 0.1733). On the other end, February was the most stable month, with a tight range of 0.0070 GMD (High: 0.1856 / Low: 0.1785).

July Spread (Volatile) ±0.0149

February Spread (Stable) ±0.0070

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0055 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 0.1863) against the same month in 2010 (average: 0.1907), the exchange rate shifted by -0.0044 (-2.33%).

2011 Avg (September) 0.1863

2010 Avg (September) 0.1907

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1860	0.1783	0.1817
February	0.1856	0.1785	0.1835
March	0.1834	0.1715	0.1783
April	0.1815	0.1723	0.1782
May	0.1813	0.1726	0.1775
June	0.1828	0.1688	0.1772
July	0.1882	0.1733	0.1820
August	0.1900	0.1775	0.1811
September	0.1906	0.1785	0.1863
October	0.1895	0.1755	0.1815
November	0.1895	0.1803	0.1838
December	0.1830	0.1743	0.1783