YEARLY HIGH
78.8485 IRR
YEARLY LOW
67.8989 IRR
YEARLY AVERAGE
76.0372 IRR

2012 NGN to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the NGN to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 78.8485. Conversely, the yearly low was recorded on January 2, dropping to 67.8989.

This high-to-low spread represents a total annual volatility of 10.9497 IRR. From a start-to-finish perspective, comparing the January average rate of 69.7226 to the December average rate of 78.2202, the exchange rate registered a net change of 12.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 78.8485 was up 6.16% compared to the 2011 peak of 74.2700, 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 78,848,514 IRR
2011 Average 67,522,529 IRR
Yearly Trough Low 67,898,860 IRR
Transaction Impact: A difference of 10,949,653.75 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

79.0700
68.8729
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 74.4559, compared to 77.6185 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.1626 points.

H1 Avg (Jan–Jun) 74.4559
H2 Avg (Jul–Dec) 77.6185

Volatility Range Comparison

Volatility

The most volatile month in 2012 was February, with a trading range of 5.1861 IRR (High: 75.3495 / Low: 70.1634). On the other end, March was the most stable month, with a tight range of 0.3695 IRR (High: 75.0563 / Low: 74.6868).

February Spread (Volatile) ±5.1861
March Spread (Stable) ±0.3695

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 1.8595 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.8595

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2012: 78.0820) against the same month in 2011 (average: 62.9890), the exchange rate shifted by +15.0930 (+23.96%).

2012 Avg (November) 78.0820
2011 Avg (November) 62.9890

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 70.7649 67.8989 69.7226
February 75.3495 70.1634 73.4856
March 75.0563 74.6868 74.9165
April 77.9309 74.8853 75.4996
May 78.1921 76.7469 77.4852
June 76.2964 75.2389 75.6257
July 77.2536 75.2983 76.1474
August 78.1950 75.8420 77.3160
September 78.0949 77.4078 77.7708
October 78.4035 77.9681 78.1745
November 78.8485 77.7200 78.0820
December 78.6045 77.7023 78.2202