2011 NGN to SLL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
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.
Comparing the value generated converting 1,000,000 NGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |