2011 NGN to LTL Historical Review

YEARLY HIGH

0.0175 LTL

YEARLY LOW

0.0150 LTL

YEARLY AVERAGE

0.0159 LTL

2011 NGN to LTL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to LTL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0175. Conversely, the yearly low was recorded on May 4, dropping to 0.0150.

This high-to-low spread represents a total annual volatility of 0.0025 LTL. From a start-to-finish perspective, comparing the January average rate of 0.0169 to the December average rate of 0.0161, the exchange rate registered a net change of -4.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0175 was down 8.48% compared to the 2010 peak of 0.0191, 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 17,503 LTL

2010 Average 17,261 LTL

Yearly Trough Low 14,982 LTL

Transaction Impact: A difference of 2,520.67 LTL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0171

0.0153

JanuMarcMayJulySeptNove

NGN to LTL 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 0.0159, compared to 0.0159 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0159

H2 Avg (Jul–Dec) 0.0159

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0012 LTL (High: 0.0165 / Low: 0.0153). On the other end, June was the most stable month, with a tight range of 0.0005 LTL (High: 0.0157 / Low: 0.0152).

October Spread (Volatile) ±0.0012

June Spread (Stable) ±0.0005

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 0.0006 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.0169) against the same month in 2010 (average: 0.0161), the exchange rate shifted by +0.0008 (+5.24%).

2011 Avg (January) 0.0169

2010 Avg (January) 0.0161

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0175	0.0165	0.0169
February	0.0168	0.0163	0.0165
March	0.0163	0.0157	0.0159
April	0.0158	0.0150	0.0155
May	0.0157	0.0150	0.0154
June	0.0157	0.0152	0.0154
July	0.0163	0.0156	0.0159
August	0.0161	0.0153	0.0157
September	0.0164	0.0156	0.0160
October	0.0165	0.0153	0.0157
November	0.0164	0.0157	0.0160
December	0.0165	0.0159	0.0161