YEARLY HIGH
0.3314 INR
YEARLY LOW
0.2845 INR
YEARLY AVERAGE
0.2990 INR

2011 NGN to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.3314. Conversely, the yearly low was recorded on May 11, dropping to 0.2845.

This high-to-low spread represents a total annual volatility of 0.0468 INR. From a start-to-finish perspective, comparing the January average rate of 0.2976 to the December average rate of 0.3227, the exchange rate registered a net change of 8.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.3314 was up 5.55% compared to the 2010 peak of 0.3139, 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 331,351 INR
2010 Average 302,453 INR
Yearly Trough Low 284,515 INR
Transaction Impact: A difference of 46,835.62 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.3263
0.2832
JanuMarcMayJulySeptNove

NGN to INR 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 0.2911, compared to 0.3068 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0157 points.

H1 Avg (Jan–Jun) 0.2911
H2 Avg (Jul–Dec) 0.3068

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0217 INR (High: 0.3102 / Low: 0.2885). On the other end, April was the most stable month, with a tight range of 0.0042 INR (High: 0.2897 / Low: 0.2855).

August Spread (Volatile) ±0.0217
April Spread (Stable) ±0.0042

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0072 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.3227) against the same month in 2010 (average: 0.2956), the exchange rate shifted by +0.0271 (+9.17%).

2011 Avg (December) 0.3227
2010 Avg (December) 0.2956

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3016 0.2929 0.2976
February 0.2999 0.2922 0.2970
March 0.2929 0.2869 0.2898
April 0.2897 0.2855 0.2868
May 0.2899 0.2845 0.2877
June 0.2931 0.2855 0.2879
July 0.2965 0.2878 0.2916
August 0.3102 0.2885 0.2954
September 0.3147 0.2954 0.3041
October 0.3140 0.2982 0.3077
November 0.3294 0.3092 0.3194
December 0.3314 0.3152 0.3227