YEARLY HIGH
1.5007 HUF
YEARLY LOW
1.1505 HUF
YEARLY AVERAGE
1.2889 HUF

2011 NGN to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1.5007. Conversely, the yearly low was recorded on May 4, dropping to 1.1505.

This high-to-low spread represents a total annual volatility of 0.3503 HUF. From a start-to-finish perspective, comparing the January average rate of 1.3494 to the December average rate of 1.4246, the exchange rate registered a net change of 5.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.5007 was down 5.31% compared to the 2010 peak of 1.5850, 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 1,500,740 HUF
2010 Average 1,377,186 HUF
Yearly Trough Low 1,150,487 HUF
Transaction Impact: A difference of 350,252.56 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.4603
1.1613
JanuMarcMayJulySeptNove

NGN to HUF 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 1.2444, compared to 1.3334 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0891 points.

H1 Avg (Jan–Jun) 1.2444
H2 Avg (Jul–Dec) 1.3334

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.1450 HUF (High: 1.3816 / Low: 1.2366). On the other end, February was the most stable month, with a tight range of 0.0490 HUF (High: 1.3257 / Low: 1.2767).

September Spread (Volatile) ±0.1450
February Spread (Stable) ±0.0490

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0611 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0611

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 1.4246) against the same month in 2010 (average: 1.3745), the exchange rate shifted by +0.0501 (+3.64%).

2011 Avg (December) 1.4246
2010 Avg (December) 1.3745

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4193 1.3027 1.3494
February 1.3257 1.2767 1.2990
March 1.2867 1.2060 1.2473
April 1.2156 1.1518 1.1862
May 1.2307 1.1505 1.1931
June 1.2244 1.1650 1.1911
July 1.2767 1.1986 1.2297
August 1.2730 1.2058 1.2371
September 1.3816 1.2366 1.3218
October 1.4318 1.3121 1.3520
November 1.4934 1.3935 1.4354
December 1.5007 1.3854 1.4246