2011 NGN to MVR Historical Review

YEARLY HIGH

0.0947 MVR

YEARLY LOW

0.0815 MVR

YEARLY AVERAGE

0.0874 MVR

2011 NGN to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.0947. Conversely, the yearly low was recorded on March 17, dropping to 0.0815.

This high-to-low spread represents a total annual volatility of 0.0132 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0839 to the December average rate of 0.0867, the exchange rate registered a net change of 3.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0947 was up 10.42% compared to the 2010 peak of 0.0858, 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 94,700 MVR

2010 Average 84,717 MVR

Yearly Trough Low 81,466 MVR

Transaction Impact: A difference of 13,234.05 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0935

0.0815

JanuMarcMayJulySeptNove

NGN to MVR 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 0.0851, compared to 0.0897 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 0.0851

H2 Avg (Jul–Dec) 0.0897

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.0080 MVR (High: 0.0902 / Low: 0.0822). On the other end, February was the most stable month, with a tight range of 0.0010 MVR (High: 0.0840 / Low: 0.0831).

May Spread (Volatile) ±0.0080

February Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0020 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 0.0917) against the same month in 2010 (average: 0.0850), the exchange rate shifted by +0.0067 (+7.89%).

2011 Avg (August) 0.0917

2010 Avg (August) 0.0850

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0842	0.0831	0.0839
February	0.0840	0.0831	0.0837
March	0.0834	0.0815	0.0825
April	0.0835	0.0824	0.0828
May	0.0902	0.0822	0.0874
June	0.0924	0.0896	0.0903
July	0.0937	0.0919	0.0925
August	0.0947	0.0902	0.0917
September	0.0910	0.0889	0.0902
October	0.0896	0.0860	0.0882
November	0.0897	0.0874	0.0887
December	0.0874	0.0857	0.0867