2011 NGN to WST Historical Review

YEARLY HIGH

0.0158 WST

YEARLY LOW

0.0140 WST

YEARLY AVERAGE

0.0149 WST

2011 NGN to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on January 28, valuing the pair at 0.0158. Conversely, the yearly low was recorded on October 31, dropping to 0.0140.

This high-to-low spread represents a total annual volatility of 0.0018 WST. From a start-to-finish perspective, comparing the January average rate of 0.0154 to the December average rate of 0.0148, the exchange rate registered a net change of -4.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0158 was down 11.95% compared to the 2010 peak of 0.0180, 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 15,836 WST

2010 Average 16,611 WST

Yearly Trough Low 14,034 WST

Transaction Impact: A difference of 1,801.90 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0155

0.0145

JanuMarcMayJulySeptNove

NGN to WST 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 0.0151, compared to 0.0147 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0151

H2 Avg (Jul–Dec) 0.0147

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0012 WST (High: 0.0152 / Low: 0.0140). On the other end, December was the most stable month, with a tight range of 0.0003 WST (High: 0.0149 / Low: 0.0146).

October Spread (Volatile) ±0.0012

December Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0003 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.0154) against the same month in 2010 (average: 0.0170), the exchange rate shifted by -0.0016 (-9.55%).

2011 Avg (January) 0.0154

2010 Avg (January) 0.0170

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0158	0.0152	0.0154
February	0.0156	0.0152	0.0154
March	0.0155	0.0150	0.0152
April	0.0154	0.0148	0.0151
May	0.0151	0.0145	0.0148
June	0.0150	0.0144	0.0148
July	0.0153	0.0143	0.0148
August	0.0150	0.0140	0.0146
September	0.0151	0.0143	0.0146
October	0.0152	0.0140	0.0146
November	0.0153	0.0144	0.0148
December	0.0149	0.0146	0.0148