YEARLY HIGH
0.2177 MZN
YEARLY LOW
0.1615 MZN
YEARLY AVERAGE
0.1853 MZN

2011 NGN to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.2177. Conversely, the yearly low was recorded on December 27, dropping to 0.1615.

This high-to-low spread represents a total annual volatility of 0.0563 MZN. From a start-to-finish perspective, comparing the January average rate of 0.2127 to the December average rate of 0.1642, the exchange rate registered a net change of -22.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.2177 was down 14.92% compared to the 2010 peak of 0.2559, 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 217,727 MZN
2010 Average 226,025 MZN
Yearly Trough Low 161,453 MZN
Transaction Impact: A difference of 56,274.00 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.2176
0.1593
JanuMarcMayJulySeptNove

NGN to MZN 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 0.1996, compared to 0.1710 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0286 points.

H1 Avg (Jan–Jun) 0.1996
H2 Avg (Jul–Dec) 0.1710

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.0166 MZN (High: 0.2023 / Low: 0.1857). On the other end, December was the most stable month, with a tight range of 0.0054 MZN (High: 0.1668 / Low: 0.1615).

May Spread (Volatile) ±0.0166
December Spread (Stable) ±0.0054

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0087 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0087

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.2127) against the same month in 2010 (average: 0.2009), the exchange rate shifted by +0.0119 (+5.91%).

2011 Avg (January) 0.2127
2010 Avg (January) 0.2009

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2177 0.2110 0.2127
February 0.2121 0.2028 0.2063
March 0.2028 0.1972 0.1997
April 0.2038 0.1969 0.2004
May 0.2023 0.1857 0.1925
June 0.1899 0.1823 0.1860
July 0.1877 0.1776 0.1829
August 0.1811 0.1714 0.1742
September 0.1754 0.1673 0.1715
October 0.1690 0.1618 0.1661
November 0.1706 0.1637 0.1674
December 0.1668 0.1615 0.1642