YEARLY HIGH
0.0525 HKD
YEARLY LOW
0.0473 HKD
YEARLY AVERAGE
0.0500 HKD

2011 NGN to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.0525. Conversely, the yearly low was recorded on December 27, dropping to 0.0473.

This high-to-low spread represents a total annual volatility of 0.0052 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0510 to the December average rate of 0.0479, the exchange rate registered a net change of -6.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0525 was up 0.75% compared to the 2010 peak of 0.0521, 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 52,496 HKD
2010 Average 51,416 HKD
Yearly Trough Low 47,290 HKD
Transaction Impact: A difference of 5,206.67 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0515
0.0476
JanuMarcMayJulySeptNove

NGN to HKD 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 0.0504, compared to 0.0495 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0504
H2 Avg (Jul–Dec) 0.0495

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0025 HKD (High: 0.0525 / Low: 0.0500). On the other end, February was the most stable month, with a tight range of 0.0006 HKD (High: 0.0512 / Low: 0.0505).

August Spread (Volatile) ±0.0025
February Spread (Stable) ±0.0006

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 0.0012 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 0.0508) against the same month in 2010 (average: 0.0516), the exchange rate shifted by -0.0008 (-1.58%).

2011 Avg (August) 0.0508
2010 Avg (August) 0.0516

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0512 0.0505 0.0510
February 0.0512 0.0505 0.0509
March 0.0508 0.0497 0.0502
April 0.0507 0.0500 0.0503
May 0.0503 0.0494 0.0498
June 0.0511 0.0497 0.0500
July 0.0518 0.0508 0.0512
August 0.0525 0.0500 0.0508
September 0.0503 0.0490 0.0499
October 0.0494 0.0474 0.0486
November 0.0494 0.0482 0.0490
December 0.0482 0.0473 0.0479