YEARLY HIGH
0.0843 SCR
YEARLY LOW
0.0768 SCR
YEARLY AVERAGE
0.0799 SCR

2011 NGN to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 0.0843. Conversely, the yearly low was recorded on October 12, dropping to 0.0768.

This high-to-low spread represents a total annual volatility of 0.0075 SCR. From a start-to-finish perspective, comparing the January average rate of 0.0814 to the December average rate of 0.0821, the exchange rate registered a net change of 0.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0843 was down 1.27% compared to the 2010 peak of 0.0854, 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 84,316 SCR
2010 Average 80,391 SCR
Yearly Trough Low 76,777 SCR
Transaction Impact: A difference of 7,538.66 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0825
0.0780
JanuMarcMayJulySeptNove

NGN to SCR 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 0.0798, compared to 0.0800 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0798
H2 Avg (Jul–Dec) 0.0800

Volatility Range Comparison

Volatility

The most volatile month in 2011 was December, with a trading range of 0.0048 SCR (High: 0.0843 / Low: 0.0796). On the other end, April was the most stable month, with a tight range of 0.0027 SCR (High: 0.0809 / Low: 0.0782).

December Spread (Volatile) ±0.0048
April Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between October and December, 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 0.0012 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.0821) against the same month in 2010 (average: 0.0805), the exchange rate shifted by +0.0017 (+2.05%).

2011 Avg (December) 0.0821
2010 Avg (December) 0.0805

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0827 0.0799 0.0814
February 0.0818 0.0790 0.0806
March 0.0811 0.0778 0.0794
April 0.0809 0.0782 0.0792
May 0.0806 0.0772 0.0793
June 0.0819 0.0772 0.0788
July 0.0826 0.0791 0.0803
August 0.0818 0.0781 0.0798
September 0.0806 0.0770 0.0788
October 0.0804 0.0768 0.0784
November 0.0821 0.0790 0.0804
December 0.0843 0.0796 0.0821