2011 NGN to PEN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 NGN to PEN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the NGN to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 0.0185. Conversely, the yearly low was recorded on December 25, dropping to 0.0164.
This high-to-low spread represents a total annual volatility of 0.0021 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0183 to the December average rate of 0.0166, the exchange rate registered a net change of -9.12% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2011 high of 0.0185 was down 8.32% compared to the 2010 peak of 0.0201, indicating shifts in long-term support levels.
Comparing the value generated converting 1,000,000 NGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
NGN to PEN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0180, compared to 0.0174 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was May, with a trading range of 0.0009 PEN (High: 0.0184 / Low: 0.0174). On the other end, September was the most stable month, with a tight range of 0.0002 PEN (High: 0.0176 / Low: 0.0174).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0005 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2011: 0.0182) against the same month in 2010 (average: 0.0200), the exchange rate shifted by -0.0018 (-8.81%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.0184 | 0.0181 | 0.0183 |
| February | 0.0183 | 0.0180 | 0.0181 |
| March | 0.0181 | 0.0176 | 0.0179 |
| April | 0.0185 | 0.0180 | 0.0182 |
| May | 0.0184 | 0.0174 | 0.0178 |
| June | 0.0181 | 0.0176 | 0.0177 |
| July | 0.0183 | 0.0179 | 0.0180 |
| August | 0.0184 | 0.0175 | 0.0178 |
| September | 0.0176 | 0.0174 | 0.0175 |
| October | 0.0175 | 0.0167 | 0.0171 |
| November | 0.0172 | 0.0168 | 0.0170 |
| December | 0.0168 | 0.0164 | 0.0166 |