YEARLY HIGH
0.0203 MYR
YEARLY LOW
0.0190 MYR
YEARLY AVERAGE
0.0196 MYR

2011 NGN to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.0203. Conversely, the yearly low was recorded on May 11, dropping to 0.0190.

This high-to-low spread represents a total annual volatility of 0.0013 MYR. From a start-to-finish perspective, comparing the January average rate of 0.0201 to the December average rate of 0.0194, the exchange rate registered a net change of -3.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0203 was down 11.22% compared to the 2010 peak of 0.0229, 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 20,300 MYR
2010 Average 21,308 MYR
Yearly Trough Low 18,992 MYR
Transaction Impact: A difference of 1,307.80 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0201
0.0192
JanuMarcMayJulySeptNove

NGN to MYR 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 0.0196, compared to 0.0196 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0196
H2 Avg (Jul–Dec) 0.0196

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0012 MYR (High: 0.0203 / Low: 0.0191). On the other end, January was the most stable month, with a tight range of 0.0003 MYR (High: 0.0202 / Low: 0.0198).

September Spread (Volatile) ±0.0012
January Spread (Stable) ±0.0003

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 November and December, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 0.0197) against the same month in 2010 (average: 0.0204), the exchange rate shifted by -0.0007 (-3.35%).

2011 Avg (September) 0.0197
2010 Avg (September) 0.0204

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0202 0.0198 0.0201
February 0.0201 0.0197 0.0199
March 0.0198 0.0194 0.0196
April 0.0197 0.0192 0.0195
May 0.0196 0.0190 0.0193
June 0.0198 0.0193 0.0194
July 0.0200 0.0193 0.0197
August 0.0201 0.0190 0.0194
September 0.0203 0.0191 0.0197
October 0.0202 0.0190 0.0196
November 0.0201 0.0196 0.0199
December 0.0197 0.0192 0.0194