YEARLY HIGH
0.0811 MDL
YEARLY LOW
0.0712 MDL
YEARLY AVERAGE
0.0752 MDL

2011 NGN to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 0.0811. Conversely, the yearly low was recorded on December 27, dropping to 0.0712.

This high-to-low spread represents a total annual volatility of 0.0099 MDL. From a start-to-finish perspective, comparing the January average rate of 0.0798 to the December average rate of 0.0723, the exchange rate registered a net change of -9.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0811 was down 5.64% compared to the 2010 peak of 0.0860, 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 81,107 MDL
2010 Average 81,902 MDL
Yearly Trough Low 71,176 MDL
Transaction Impact: A difference of 9,930.20 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0805
0.0716
JanuMarcMayJulySeptNove

NGN to MDL 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 0.0765, compared to 0.0738 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0765
H2 Avg (Jul–Dec) 0.0738

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0039 MDL (High: 0.0764 / Low: 0.0725). On the other end, February was the most stable month, with a tight range of 0.0013 MDL (High: 0.0791 / Low: 0.0777).

August Spread (Volatile) ±0.0039
February Spread (Stable) ±0.0013

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 March and April, when the average rate fell by 0.0018 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.0798) against the same month in 2010 (average: 0.0824), the exchange rate shifted by -0.0026 (-3.16%).

2011 Avg (January) 0.0798
2010 Avg (January) 0.0824

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0811 0.0783 0.0798
February 0.0791 0.0777 0.0784
March 0.0780 0.0761 0.0770
April 0.0771 0.0740 0.0753
May 0.0757 0.0732 0.0742
June 0.0763 0.0730 0.0741
July 0.0765 0.0743 0.0755
August 0.0764 0.0725 0.0739
September 0.0757 0.0725 0.0743
October 0.0753 0.0719 0.0731
November 0.0747 0.0730 0.0738
December 0.0731 0.0712 0.0723