2011 NGN to KMF Historical Review

YEARLY HIGH

2.4939 KMF

YEARLY LOW

2.1347 KMF

YEARLY AVERAGE

2.2702 KMF

2011 NGN to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 2.4939. Conversely, the yearly low was recorded on May 4, dropping to 2.1347.

This high-to-low spread represents a total annual volatility of 0.3592 KMF. From a start-to-finish perspective, comparing the January average rate of 2.4129 to the December average rate of 2.2998, the exchange rate registered a net change of -4.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.4939 was down 8.48% compared to the 2010 peak of 2.7250, 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 2,493,903 KMF

2010 Average 2,459,435 KMF

Yearly Trough Low 2,134,749 KMF

Transaction Impact: A difference of 359,154.25 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.4347

2.1735

JanuMarcMayJulySeptNove

NGN to KMF 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 2.2719, compared to 2.2686 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 2.2719

H2 Avg (Jul–Dec) 2.2686

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.1724 KMF (High: 2.3529 / Low: 2.1806). On the other end, June was the most stable month, with a tight range of 0.0783 KMF (High: 2.2395 / Low: 2.1612).

October Spread (Volatile) ±0.1724

June Spread (Stable) ±0.0783

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0914 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0914

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 2.4129) against the same month in 2010 (average: 2.2928), the exchange rate shifted by +0.1201 (+5.24%).

2011 Avg (January) 2.4129

2010 Avg (January) 2.2928

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4939	2.3580	2.4129
February	2.3980	2.3192	2.3581
March	2.3191	2.2302	2.2667
April	2.2563	2.1409	2.2017
May	2.2410	2.1347	2.1953
June	2.2395	2.1612	2.1964
July	2.3185	2.2259	2.2632
August	2.2969	2.1821	2.2349
September	2.3307	2.2255	2.2846
October	2.3529	2.1806	2.2425
November	2.3329	2.2408	2.2866
December	2.3433	2.2633	2.2998