YEARLY HIGH
0.5547 JPY
YEARLY LOW
0.4673 JPY
YEARLY AVERAGE
0.5118 JPY

2011 NGN to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on April 6, valuing the pair at 0.5547. Conversely, the yearly low was recorded on October 10, dropping to 0.4673.

This high-to-low spread represents a total annual volatility of 0.0875 JPY. From a start-to-finish perspective, comparing the January average rate of 0.5411 to the December average rate of 0.4791, the exchange rate registered a net change of -11.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.5547 was down 11.74% compared to the 2010 peak of 0.6285, 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 554,731 JPY
2010 Average 580,976 JPY
Yearly Trough Low 467,263 JPY
Transaction Impact: A difference of 87,467.56 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.5473
0.4729
JanuMarcMayJulySeptNove

NGN to JPY 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 0.5303, compared to 0.4933 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0370 points.

H1 Avg (Jan–Jun) 0.5303
H2 Avg (Jul–Dec) 0.4933

Volatility Range Comparison

Volatility

The most volatile month in 2011 was March, with a trading range of 0.0337 JPY (High: 0.5358 / Low: 0.5022). On the other end, December was the most stable month, with a tight range of 0.0097 JPY (High: 0.4832 / Low: 0.4734).

March Spread (Volatile) ±0.0337
December Spread (Stable) ±0.0097

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0195 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0195

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 0.5381) against the same month in 2010 (average: 0.6212), the exchange rate shifted by -0.0830 (-13.36%).

2011 Avg (April) 0.5381
2010 Avg (April) 0.6212

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5471 0.5330 0.5411
February 0.5493 0.5337 0.5402
March 0.5358 0.5022 0.5267
April 0.5547 0.5251 0.5381
May 0.5265 0.5150 0.5196
June 0.5288 0.5115 0.5163
July 0.5373 0.5050 0.5209
August 0.5209 0.4914 0.5014
September 0.5012 0.4831 0.4918
October 0.4878 0.4673 0.4791
November 0.4973 0.4808 0.4877
December 0.4832 0.4734 0.4791