YEARLY HIGH
0.0245 QAR
YEARLY LOW
0.0221 QAR
YEARLY AVERAGE
0.0234 QAR

2011 NGN to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.0245. Conversely, the yearly low was recorded on December 27, dropping to 0.0221.

This high-to-low spread represents a total annual volatility of 0.0024 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0239 to the December average rate of 0.0224, the exchange rate registered a net change of -6.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0245 was up 0.50% compared to the 2010 peak of 0.0244, 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 24,513 QAR
2010 Average 24,090 QAR
Yearly Trough Low 22,140 QAR
Transaction Impact: A difference of 2,372.54 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0241
0.0223
JanuMarcMayJulySeptNove

NGN to QAR 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 0.0236, compared to 0.0232 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) 0.0236
H2 Avg (Jul–Dec) 0.0232

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0012 QAR (High: 0.0245 / Low: 0.0233). On the other end, February was the most stable month, with a tight range of 0.0003 QAR (High: 0.0239 / Low: 0.0236).

August Spread (Volatile) ±0.0012
February Spread (Stable) ±0.0003

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 September and October, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 0.0237) against the same month in 2010 (average: 0.0242), the exchange rate shifted by -0.0005 (-1.92%).

2011 Avg (August) 0.0237
2010 Avg (August) 0.0242

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0240 0.0236 0.0239
February 0.0239 0.0236 0.0238
March 0.0237 0.0232 0.0235
April 0.0237 0.0234 0.0235
May 0.0236 0.0231 0.0233
June 0.0239 0.0232 0.0234
July 0.0242 0.0237 0.0239
August 0.0245 0.0233 0.0237
September 0.0235 0.0229 0.0233
October 0.0231 0.0222 0.0228
November 0.0232 0.0226 0.0229
December 0.0226 0.0221 0.0224