YEARLY HIGH
14.4868 MGA
YEARLY LOW
13.0271 MGA
YEARLY AVERAGE
13.7960 MGA

2012 NGN to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the NGN to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 14.4868. Conversely, the yearly low was recorded on June 11, dropping to 13.0271.

This high-to-low spread represents a total annual volatility of 1.4597 MGA. From a start-to-finish perspective, comparing the January average rate of 13.7644 to the December average rate of 14.3716, the exchange rate registered a net change of 4.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 14.4868 was up 2.84% compared to the 2011 peak of 14.0873, 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 14,486,808 MGA
2011 Average 12,964,962 MGA
Yearly Trough Low 13,027,067 MGA
Transaction Impact: A difference of 1,459,740.65 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

14.4915
13.0520
JanuMarcMayJulySeptNove

NGN to MGA 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 13.4626, compared to 14.1294 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6668 points.

H1 Avg (Jan–Jun) 13.4626
H2 Avg (Jul–Dec) 14.1294

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.9709 MGA (High: 14.3750 / Low: 13.4041). On the other end, October was the most stable month, with a tight range of 0.1959 MGA (High: 14.0749 / Low: 13.8790).

July Spread (Volatile) ±0.9709
October Spread (Stable) ±0.1959

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.2342 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2342

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 14.3716) against the same month in 2011 (average: 13.1773), the exchange rate shifted by +1.1943 (+9.06%).

2012 Avg (December) 14.3716
2011 Avg (December) 13.1773

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.0078 13.5234 13.7644
February 13.9431 13.5182 13.6993
March 13.7282 13.3587 13.5925
April 13.4668 13.1817 13.3583
May 13.3140 13.1028 13.1719
June 13.4340 13.0271 13.1891
July 14.3750 13.4041 13.9627
August 14.3554 13.8913 14.1721
September 14.2208 13.9065 14.0711
October 14.0749 13.8790 13.9748
November 14.3606 14.0806 14.2243
December 14.4868 14.2684 14.3716