YEARLY HIGH
29.3725 SLL
YEARLY LOW
26.3442 SLL
YEARLY AVERAGE
27.8027 SLL

2011 NGN to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 29.3725. Conversely, the yearly low was recorded on December 26, dropping to 26.3442.

This high-to-low spread represents a total annual volatility of 3.0283 SLL. From a start-to-finish perspective, comparing the January average rate of 27.4446 to the December average rate of 26.7598, the exchange rate registered a net change of -2.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 29.3725 was up 5.20% compared to the 2010 peak of 27.9219, 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 29,372,465 SLL
2010 Average 26,167,155 SLL
Yearly Trough Low 26,344,214 SLL
Transaction Impact: A difference of 3,028,250.07 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

28.7777
26.5764
JanuMarcMayJulySeptNove

NGN to SLL 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 27.6841, compared to 27.9213 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2372 points.

H1 Avg (Jan–Jun) 27.6841
H2 Avg (Jul–Dec) 27.9213

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 1.5335 SLL (High: 28.3259 / Low: 26.7923). On the other end, January was the most stable month, with a tight range of 0.5507 SLL (High: 27.7249 / Low: 27.1742).

November Spread (Volatile) ±1.5335
January Spread (Stable) ±0.5507

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 November and December, when the average rate fell by 0.7365 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.7365

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 28.4277) against the same month in 2010 (average: 26.0646), the exchange rate shifted by +2.3631 (+9.07%).

2011 Avg (August) 28.4277
2010 Avg (August) 26.0646

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 27.7249 27.1742 27.4446
February 28.0560 27.2293 27.7131
March 27.8121 27.0507 27.4618
April 28.4223 27.7662 27.9736
May 28.0143 27.4157 27.7320
June 28.5715 27.2928 27.7795
July 28.8974 28.2317 28.5943
August 29.3725 28.0222 28.4277
September 28.8035 27.9790 28.3923
October 28.4767 27.2857 27.8572
November 28.3259 26.7923 27.4964
December 27.0024 26.3442 26.7598