YEARLY HIGH
59.5362 IDR
YEARLY LOW
54.2489 IDR
YEARLY AVERAGE
56.3158 IDR

2011 NGN to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 29, valuing the pair at 59.5362. Conversely, the yearly low was recorded on October 10, dropping to 54.2489.

This high-to-low spread represents a total annual volatility of 5.2873 IDR. From a start-to-finish perspective, comparing the January average rate of 59.2666 to the December average rate of 55.8361, the exchange rate registered a net change of -5.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 59.5362 was down 5.37% compared to the 2010 peak of 62.9140, 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 59,536,245 IDR
2010 Average 60,129,461 IDR
Yearly Trough Low 54,248,938 IDR
Transaction Impact: A difference of 5,287,306.67 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

59.7067
54.4256
JanuMarcMayJulySeptNove

NGN to IDR 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 56.6346, compared to 55.9970 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6376 points.

H1 Avg (Jan–Jun) 56.6346
H2 Avg (Jul–Dec) 55.9970

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 3.0953 IDR (High: 57.9168 / Low: 54.8215). On the other end, January was the most stable month, with a tight range of 0.6671 IDR (High: 59.5362 / Low: 58.8692).

September Spread (Volatile) ±3.0953
January Spread (Stable) ±0.6671

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 February and March, when the average rate fell by 1.8062 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.8062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 59.2666) against the same month in 2010 (average: 61.8325), the exchange rate shifted by -2.5659 (-4.15%).

2011 Avg (January) 59.2666
2010 Avg (January) 61.8325

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 59.5362 58.8692 59.2666
February 59.2452 57.4401 58.2788
March 57.4191 55.8235 56.4726
April 56.3097 55.3291 55.9254
May 55.5271 54.3248 54.8657
June 56.4041 54.5274 54.9981
July 56.8272 55.4878 56.0329
August 57.8034 54.8085 55.6310
September 57.9168 54.8215 56.2369
October 57.1286 54.2489 55.4997
November 57.6282 56.1227 56.7452
December 56.3908 55.1575 55.8361