YEARLY HIGH
0.0433 MMK
YEARLY LOW
0.0393 MMK
YEARLY AVERAGE
0.0416 MMK

2011 NGN to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 1, valuing the pair at 0.0433. Conversely, the yearly low was recorded on December 26, dropping to 0.0393.

This high-to-low spread represents a total annual volatility of 0.0040 MMK. From a start-to-finish perspective, comparing the January average rate of 0.0427 to the December average rate of 0.0399, the exchange rate registered a net change of -6.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0433 was down 0.72% compared to the 2010 peak of 0.0436, 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 43,304 MMK
2010 Average 43,085 MMK
Yearly Trough Low 39,345 MMK
Transaction Impact: A difference of 3,959.74 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0429
0.0396
JanuMarcMayJulySeptNove

NGN to MMK 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 0.0421, compared to 0.0412 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0421
H2 Avg (Jul–Dec) 0.0412

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0019 MMK (High: 0.0432 / Low: 0.0413). On the other end, February was the most stable month, with a tight range of 0.0005 MMK (High: 0.0427 / Low: 0.0423).

August Spread (Volatile) ±0.0019
February 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 August and September, when the average rate fell by 0.0008 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2011: 0.0426) against the same month in 2010 (average: 0.0434), the exchange rate shifted by -0.0007 (-1.70%).

2011 Avg (July) 0.0426
2010 Avg (July) 0.0434

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0428 0.0423 0.0427
February 0.0427 0.0423 0.0426
March 0.0424 0.0414 0.0420
April 0.0425 0.0419 0.0421
May 0.0421 0.0413 0.0417
June 0.0428 0.0415 0.0418
July 0.0433 0.0420 0.0426
August 0.0432 0.0413 0.0421
September 0.0421 0.0403 0.0412
October 0.0411 0.0396 0.0404
November 0.0414 0.0401 0.0407
December 0.0403 0.0393 0.0399