YEARLY HIGH
0.0535 NAD
YEARLY LOW
0.0425 NAD
YEARLY AVERAGE
0.0465 NAD

2011 NGN to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 0.0535. Conversely, the yearly low was recorded on May 2, dropping to 0.0425.

This high-to-low spread represents a total annual volatility of 0.0109 NAD. From a start-to-finish perspective, comparing the January average rate of 0.0454 to the December average rate of 0.0504, the exchange rate registered a net change of 10.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0535 was up 3.67% compared to the 2010 peak of 0.0516, 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 53,465 NAD
2010 Average 48,409 NAD
Yearly Trough Low 42,524 NAD
Transaction Impact: A difference of 10,941.14 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0521
0.0428
JanuMarcMayJulySeptNove

NGN to NAD 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 0.0447, compared to 0.0483 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.0447
H2 Avg (Jul–Dec) 0.0483

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0059 NAD (High: 0.0511 / Low: 0.0452). On the other end, June was the most stable month, with a tight range of 0.0014 NAD (High: 0.0446 / Low: 0.0432).

September Spread (Volatile) ±0.0059
June Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0024 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 0.0514) against the same month in 2010 (average: 0.0464), the exchange rate shifted by +0.0050 (+10.68%).

2011 Avg (November) 0.0514
2010 Avg (November) 0.0464

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0472 0.0434 0.0454
February 0.0479 0.0454 0.0470
March 0.0453 0.0438 0.0446
April 0.0444 0.0426 0.0435
May 0.0451 0.0425 0.0440
June 0.0446 0.0432 0.0436
July 0.0459 0.0435 0.0446
August 0.0486 0.0439 0.0461
September 0.0511 0.0452 0.0477
October 0.0512 0.0482 0.0498
November 0.0535 0.0498 0.0514
December 0.0518 0.0495 0.0504