YEARLY HIGH
0.0992 MVR
YEARLY LOW
0.0841 MVR
YEARLY AVERAGE
0.0927 MVR

2012 NGN to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the NGN to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 15, valuing the pair at 0.0992. Conversely, the yearly low was recorded on July 1, dropping to 0.0841.

This high-to-low spread represents a total annual volatility of 0.0152 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0873 to the December average rate of 0.0978, the exchange rate registered a net change of 12.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.0992 was up 4.80% compared to the 2011 peak of 0.0947, 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 99,242 MVR
2011 Average 87,399 MVR
Yearly Trough Low 84,077 MVR
Transaction Impact: A difference of 15,164.94 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.0992
0.0857
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 0.0885, compared to 0.0969 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0085 points.

H1 Avg (Jan–Jun) 0.0885
H2 Avg (Jul–Dec) 0.0969

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.0131 MVR (High: 0.0971 / Low: 0.0841). On the other end, April was the most stable month, with a tight range of 0.0005 MVR (High: 0.0897 / Low: 0.0893).

July Spread (Volatile) ±0.0131
April Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between June and October, 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 May and June, when the average rate fell by 0.0021 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2012: 0.0981) against the same month in 2011 (average: 0.0882), the exchange rate shifted by +0.0099 (+11.17%).

2012 Avg (October) 0.0981
2011 Avg (October) 0.0882

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0883 0.0866 0.0873
February 0.0899 0.0875 0.0889
March 0.0896 0.0889 0.0893
April 0.0897 0.0893 0.0895
May 0.0898 0.0880 0.0890
June 0.0878 0.0862 0.0868
July 0.0971 0.0841 0.0930
August 0.0985 0.0952 0.0970
September 0.0986 0.0973 0.0978
October 0.0992 0.0977 0.0981
November 0.0984 0.0975 0.0979
December 0.0990 0.0973 0.0978