YEARLY HIGH
0.2926 PHP
YEARLY LOW
0.2640 PHP
YEARLY AVERAGE
0.2779 PHP

2011 NGN to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.2926. Conversely, the yearly low was recorded on October 10, dropping to 0.2640.

This high-to-low spread represents a total annual volatility of 0.0286 PHP. From a start-to-finish perspective, comparing the January average rate of 0.2897 to the December average rate of 0.2686, the exchange rate registered a net change of -7.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.2926 was down 6.11% compared to the 2010 peak of 0.3116, 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 292,579 PHP
2010 Average 298,393 PHP
Yearly Trough Low 264,003 PHP
Transaction Impact: A difference of 28,576.36 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.2918
0.2665
JanuMarcMayJulySeptNove

NGN to PHP 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 0.2816, compared to 0.2741 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0075 points.

H1 Avg (Jan–Jun) 0.2816
H2 Avg (Jul–Dec) 0.2741

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0149 PHP (High: 0.2863 / Low: 0.2714). On the other end, March was the most stable month, with a tight range of 0.0047 PHP (High: 0.2830 / Low: 0.2784).

August Spread (Volatile) ±0.0149
March Spread (Stable) ±0.0047

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 February and March, when the average rate fell by 0.0051 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.2897) against the same month in 2010 (average: 0.3062), the exchange rate shifted by -0.0165 (-5.39%).

2011 Avg (January) 0.2897
2010 Avg (January) 0.3062

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2926 0.2861 0.2897
February 0.2896 0.2815 0.2854
March 0.2830 0.2784 0.2803
April 0.2818 0.2766 0.2792
May 0.2781 0.2734 0.2766
June 0.2845 0.2764 0.2787
July 0.2869 0.2755 0.2806
August 0.2863 0.2714 0.2763
September 0.2804 0.2712 0.2754
October 0.2775 0.2640 0.2710
November 0.2762 0.2691 0.2729
December 0.2721 0.2650 0.2686