2011 NGN to GNF Historical Review

YEARLY HIGH

50.5381 GNF

YEARLY LOW

40.8281 GNF

YEARLY AVERAGE

44.4029 GNF

2011 NGN to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 50.5381. Conversely, the yearly low was recorded on October 10, dropping to 40.8281.

This high-to-low spread represents a total annual volatility of 9.7100 GNF. From a start-to-finish perspective, comparing the January average rate of 47.3241 to the December average rate of 42.6561, the exchange rate registered a net change of -9.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 50.5381 was up 8.02% compared to the 2010 peak of 46.7867, 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 50,538,105 GNF

2010 Average 36,915,396 GNF

Yearly Trough Low 40,828,085 GNF

Transaction Impact: A difference of 9,710,019.44 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

48.7921

41.6334

JanuMarcMayJulySeptNove

NGN to GNF 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 45.8910, compared to 42.9147 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.9763 points.

H1 Avg (Jan–Jun) 45.8910

H2 Avg (Jul–Dec) 42.9147

Volatility Range Comparison

Volatility

The most volatile month in 2011 was March, with a trading range of 4.6704 GNF (High: 49.5402 / Low: 44.8698). On the other end, April was the most stable month, with a tight range of 0.5181 GNF (High: 45.9122 / Low: 45.3941).

March Spread (Volatile) ±4.6704

April Spread (Stable) ±0.5181

Growth Streaks & Declines

Trends

Between September and November, 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 May and June, when the average rate fell by 2.3003 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.3003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2011: 48.1956) against the same month in 2010 (average: 33.2592), the exchange rate shifted by +14.9364 (+44.91%).

2011 Avg (February) 48.1956

2010 Avg (February) 33.2592

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	49.9511	45.4802	47.3241
February	50.5381	47.1085	48.1956
March	49.5402	44.8698	46.0104
April	45.9122	45.3941	45.6510
May	46.2099	42.4139	45.2326
June	44.0198	42.2629	42.9323
July	44.5889	43.6008	43.9030
August	45.3962	42.2219	43.7375
September	43.3114	40.9948	42.2299
October	43.3364	40.8281	42.2303
November	43.6921	41.7386	42.7316
December	43.4165	41.4917	42.6561