2011 NGN to IRR Historical Review

YEARLY HIGH

74.2700 IRR

YEARLY LOW

56.6774 IRR

YEARLY AVERAGE

67.5208 IRR

2011 NGN to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 74.2700. Conversely, the yearly low was recorded on December 1, dropping to 56.6774.

This high-to-low spread represents a total annual volatility of 17.5926 IRR. From a start-to-finish perspective, comparing the January average rate of 67.9875 to the December average rate of 66.5670, the exchange rate registered a net change of -2.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 74.2700 was up 7.01% compared to the 2010 peak of 69.4040, 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 74,269,964 IRR

2010 Average 66,631,443 IRR

Yearly Trough Low 56,677,386 IRR

Transaction Impact: A difference of 17,592,577.63 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

70.7765

62.2811

JanuMarcMayJulySeptNove

NGN to IRR 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 67.9063, compared to 67.1353 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7709 points.

H1 Avg (Jan–Jun) 67.9063

H2 Avg (Jul–Dec) 67.1353

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 12.2591 IRR (High: 69.0255 / Low: 56.7664). On the other end, January was the most stable month, with a tight range of 0.8191 IRR (High: 68.3215 / Low: 67.5024).

November Spread (Volatile) ±12.2591

January Spread (Stable) ±0.8191

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 3.5198 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -3.5198

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2011: 70.0685) against the same month in 2010 (average: 66.2140), the exchange rate shifted by +3.8545 (+5.82%).

2011 Avg (June) 70.0685

2010 Avg (June) 66.2140

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	68.3215	67.5024	67.9875
February	68.1087	67.1893	67.7159
March	67.2569	65.7887	66.6262
April	68.3519	67.1181	67.5116
May	67.9530	66.8905	67.5278
June	74.2700	67.8272	70.0685
July	70.9796	68.8025	69.5852
August	71.3895	67.9973	68.8635
September	68.9624	67.4286	68.2985
October	67.6806	64.7924	66.5088
November	69.0255	56.7664	62.9890
December	68.7332	56.6774	66.5670