YEARLY HIGH
0.6571 KES
YEARLY LOW
0.5083 KES
YEARLY AVERAGE
0.5690 KES

2011 NGN to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on October 11, valuing the pair at 0.6571. Conversely, the yearly low was recorded on December 26, dropping to 0.5083.

This high-to-low spread represents a total annual volatility of 0.1489 KES. From a start-to-finish perspective, comparing the January average rate of 0.5306 to the December average rate of 0.5323, the exchange rate registered a net change of 0.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.6571 was up 20.68% compared to the 2010 peak of 0.5445, 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 657,124 KES
2010 Average 524,259 KES
Yearly Trough Low 508,256 KES
Transaction Impact: A difference of 148,868.33 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.6413
0.5205
JanuMarcMayJulySeptNove

NGN to KES 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 0.5445, compared to 0.5935 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0491 points.

H1 Avg (Jan–Jun) 0.5445
H2 Avg (Jul–Dec) 0.5935

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 0.0661 KES (High: 0.6202 / Low: 0.5541). On the other end, January was the most stable month, with a tight range of 0.0078 KES (High: 0.5335 / Low: 0.5256).

November Spread (Volatile) ±0.0661
January Spread (Stable) ±0.0078

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0544 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0544

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 0.6312) against the same month in 2010 (average: 0.5304), the exchange rate shifted by +0.1007 (+18.99%).

2011 Avg (October) 0.6312
2010 Avg (October) 0.5304

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5335 0.5256 0.5306
February 0.5376 0.5295 0.5331
March 0.5544 0.5352 0.5435
April 0.5478 0.5390 0.5421
May 0.5555 0.5388 0.5464
June 0.5871 0.5500 0.5712
July 0.5953 0.5805 0.5905
August 0.6241 0.5946 0.6046
September 0.6508 0.6025 0.6159
October 0.6571 0.6172 0.6312
November 0.6202 0.5541 0.5866
December 0.5569 0.5083 0.5323