YEARLY HIGH
0.4830 LRD
YEARLY LOW
0.4385 LRD
YEARLY AVERAGE
0.4625 LRD

2011 NGN to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 1, valuing the pair at 0.4830. Conversely, the yearly low was recorded on December 25, dropping to 0.4385.

This high-to-low spread represents a total annual volatility of 0.0445 LRD. From a start-to-finish perspective, comparing the January average rate of 0.4697 to the December average rate of 0.4438, the exchange rate registered a net change of -5.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.4830 was up 0.16% compared to the 2010 peak of 0.4822, 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 482,990 LRD
2010 Average 468,503 LRD
Yearly Trough Low 438,519 LRD
Transaction Impact: A difference of 44,470.88 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.4796
0.4406
JanuMarcMayJulySeptNove

NGN to LRD 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 0.4664, compared to 0.4586 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0078 points.

H1 Avg (Jan–Jun) 0.4664
H2 Avg (Jul–Dec) 0.4586

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0228 LRD (High: 0.4822 / Low: 0.4594). On the other end, February was the most stable month, with a tight range of 0.0063 LRD (High: 0.4759 / Low: 0.4695).

August Spread (Volatile) ±0.0228
February Spread (Stable) ±0.0063

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 August and September, when the average rate fell by 0.0106 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2011: 0.4763) against the same month in 2010 (average: 0.4752), the exchange rate shifted by +0.0012 (+0.25%).

2011 Avg (July) 0.4763
2010 Avg (July) 0.4752

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4757 0.4565 0.4697
February 0.4759 0.4695 0.4737
March 0.4724 0.4592 0.4649
April 0.4687 0.4589 0.4643
May 0.4694 0.4544 0.4615
June 0.4795 0.4593 0.4643
July 0.4830 0.4697 0.4763
August 0.4822 0.4594 0.4703
September 0.4685 0.4498 0.4597
October 0.4578 0.4387 0.4511
November 0.4611 0.4447 0.4503
December 0.4497 0.4385 0.4438