YEARLY HIGH
0.0088 NZD
YEARLY LOW
0.0075 NZD
YEARLY AVERAGE
0.0081 NZD

2011 NGN to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 0.0088. Conversely, the yearly low was recorded on August 1, dropping to 0.0075.

This high-to-low spread represents a total annual volatility of 0.0014 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0086 to the December average rate of 0.0080, the exchange rate registered a net change of -6.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0088 was down 11.41% compared to the 2010 peak of 0.0100, 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 8,833 NZD
2010 Average 9,183 NZD
Yearly Trough Low 7,455 NZD
Transaction Impact: A difference of 1,378.22 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0088
0.0077
JanuMarcMayJulySeptNove

NGN to NZD 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 0.0083, compared to 0.0079 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0083
H2 Avg (Jul–Dec) 0.0079

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0007 NZD (High: 0.0083 / Low: 0.0076). On the other end, January was the most stable month, with a tight range of 0.0002 NZD (High: 0.0087 / Low: 0.0084).

October Spread (Volatile) ±0.0007
January Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between July and November, 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 March and April, when the average rate fell by 0.0005 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2011: 0.0087) against the same month in 2010 (average: 0.0095), the exchange rate shifted by -0.0008 (-8.23%).

2011 Avg (March) 0.0087
2010 Avg (March) 0.0095

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0087 0.0084 0.0086
February 0.0088 0.0084 0.0086
March 0.0088 0.0084 0.0087
April 0.0085 0.0080 0.0082
May 0.0082 0.0078 0.0080
June 0.0080 0.0078 0.0079
July 0.0080 0.0075 0.0078
August 0.0081 0.0075 0.0078
September 0.0082 0.0076 0.0079
October 0.0083 0.0076 0.0079
November 0.0085 0.0079 0.0082
December 0.0082 0.0079 0.0080