2011 NGN to SOS Historical Review

YEARLY HIGH

10.9768 SOS

YEARLY LOW

9.7511 SOS

YEARLY AVERAGE

10.3596 SOS

2011 NGN to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 10.9768. Conversely, the yearly low was recorded on December 2, dropping to 9.7511.

This high-to-low spread represents a total annual volatility of 1.2257 SOS. From a start-to-finish perspective, comparing the January average rate of 10.4965 to the December average rate of 9.9885, the exchange rate registered a net change of -4.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 10.9768 was up 2.56% compared to the 2010 peak of 10.7027, 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 10,976,786 SOS

2010 Average 10,312,687 SOS

Yearly Trough Low 9,751,101 SOS

Transaction Impact: A difference of 1,225,685.40 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

10.7563

9.9187

JanuMarcMayJulySeptNove

NGN to SOS 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 10.3734, compared to 10.3457 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0277 points.

H1 Avg (Jan–Jun) 10.3734

H2 Avg (Jul–Dec) 10.3457

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.4810 SOS (High: 10.9768 / Low: 10.4958). On the other end, January was the most stable month, with a tight range of 0.1226 SOS (High: 10.5413 / Low: 10.4187).

August Spread (Volatile) ±0.4810

January Spread (Stable) ±0.1226

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 0.2619 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2619

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 10.6354) against the same month in 2010 (average: 10.6541), the exchange rate shifted by -0.0187 (-0.18%).

2011 Avg (August) 10.6354

2010 Avg (August) 10.6541

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.5413	10.4187	10.4965
February	10.5310	10.3525	10.4739
March	10.4479	10.2141	10.3330
April	10.4362	10.3012	10.3485
May	10.3596	10.1166	10.2408
June	10.5759	10.2408	10.3478
July	10.7749	10.3950	10.6865
August	10.9768	10.4958	10.6354
September	10.5332	10.1893	10.4024
October	10.2655	9.9027	10.1404
November	10.3389	10.0744	10.2210
December	10.0849	9.7511	9.9885