YEARLY HIGH
0.0895 MXN
YEARLY LOW
0.0739 MXN
YEARLY AVERAGE
0.0797 MXN

2011 NGN to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.0895. Conversely, the yearly low was recorded on May 11, dropping to 0.0739.

This high-to-low spread represents a total annual volatility of 0.0157 MXN. From a start-to-finish perspective, comparing the January average rate of 0.0796 to the December average rate of 0.0847, the exchange rate registered a net change of 6.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0895 was up 2.23% compared to the 2010 peak of 0.0876, 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 89,523 MXN
2010 Average 83,605 MXN
Yearly Trough Low 73,856 MXN
Transaction Impact: A difference of 15,667.53 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0874
0.0734
JanuMarcMayJulySeptNove

NGN to MXN 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 0.0770, compared to 0.0824 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 0.0770
H2 Avg (Jul–Dec) 0.0824

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0091 MXN (High: 0.0886 / Low: 0.0795). On the other end, February was the most stable month, with a tight range of 0.0015 MXN (High: 0.0796 / Low: 0.0781).

September Spread (Volatile) ±0.0091
February Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0017 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 0.0863) against the same month in 2010 (average: 0.0819), the exchange rate shifted by +0.0044 (+5.38%).

2011 Avg (November) 0.0863
2010 Avg (November) 0.0819

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0813 0.0784 0.0796
February 0.0796 0.0781 0.0789
March 0.0789 0.0766 0.0774
April 0.0770 0.0744 0.0757
May 0.0755 0.0739 0.0746
June 0.0771 0.0744 0.0758
July 0.0778 0.0756 0.0766
August 0.0838 0.0765 0.0797
September 0.0886 0.0795 0.0833
October 0.0881 0.0810 0.0840
November 0.0895 0.0840 0.0863
December 0.0861 0.0836 0.0847