2011 NGN to ZAR Historical Review

YEARLY HIGH

0.0537 ZAR

YEARLY LOW

0.0426 ZAR

YEARLY AVERAGE

0.0465 ZAR

2011 NGN to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 0.0537. Conversely, the yearly low was recorded on May 1, dropping to 0.0426.

This high-to-low spread represents a total annual volatility of 0.0112 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0454 to the December average rate of 0.0504, the exchange rate registered a net change of 10.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0537 was up 2.25% compared to the 2010 peak of 0.0525, 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 53,716 ZAR

2010 Average 48,449 ZAR

Yearly Trough Low 42,554 ZAR

Transaction Impact: A difference of 11,162.08 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0521

0.0427

JanuMarcMayJulySeptNove

NGN to ZAR 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 0.0447, compared to 0.0484 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.0447

H2 Avg (Jul–Dec) 0.0484

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0079 ZAR (High: 0.0532 / Low: 0.0453). On the other end, June was the most stable month, with a tight range of 0.0015 ZAR (High: 0.0446 / Low: 0.0431).

September Spread (Volatile) ±0.0079

June Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0024 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 0.0513) against the same month in 2010 (average: 0.0463), the exchange rate shifted by +0.0050 (+10.77%).

2011 Avg (November) 0.0513

2010 Avg (November) 0.0463

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0472	0.0434	0.0454
February	0.0479	0.0454	0.0470
March	0.0453	0.0437	0.0446
April	0.0444	0.0426	0.0435
May	0.0449	0.0426	0.0439
June	0.0446	0.0431	0.0436
July	0.0460	0.0436	0.0445
August	0.0486	0.0438	0.0462
September	0.0532	0.0453	0.0483
October	0.0523	0.0479	0.0497
November	0.0537	0.0497	0.0513
December	0.0518	0.0495	0.0504