2011 NGN to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
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.
Comparing the value generated converting 1,000,000 NGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |