YEARLY HIGH
0.3255 SYP
YEARLY LOW
0.2969 SYP
YEARLY AVERAGE
0.3082 SYP

2011 NGN to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 0.3255. Conversely, the yearly low was recorded on March 17, dropping to 0.2969.

This high-to-low spread represents a total annual volatility of 0.0286 SYP. From a start-to-finish perspective, comparing the January average rate of 0.3065 to the December average rate of 0.3178, the exchange rate registered a net change of 3.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.3255 was up 4.08% compared to the 2010 peak of 0.3127, 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 325,481 SYP
2010 Average 307,168 SYP
Yearly Trough Low 296,906 SYP
Transaction Impact: A difference of 28,575.16 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.3195
0.2996
JanuMarcMayJulySeptNove

NGN to SYP 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 0.3049, compared to 0.3116 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0068 points.

H1 Avg (Jan–Jun) 0.3049
H2 Avg (Jul–Dec) 0.3116

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0152 SYP (High: 0.3193 / Low: 0.3041). On the other end, January was the most stable month, with a tight range of 0.0033 SYP (High: 0.3083 / Low: 0.3049).

August Spread (Volatile) ±0.0152
January Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0045 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 0.3143) against the same month in 2010 (average: 0.3075), the exchange rate shifted by +0.0067 (+2.18%).

2011 Avg (November) 0.3143
2010 Avg (November) 0.3075

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3083 0.3049 0.3065
February 0.3078 0.3031 0.3057
March 0.3057 0.2969 0.3012
April 0.3095 0.3058 0.3070
May 0.3074 0.3010 0.3040
June 0.3116 0.3025 0.3046
July 0.3154 0.3095 0.3117
August 0.3193 0.3041 0.3089
September 0.3122 0.3034 0.3080
October 0.3136 0.3017 0.3091
November 0.3255 0.3104 0.3143
December 0.3231 0.3099 0.3178