2011 NGN to ZMK Historical Review

YEARLY HIGH

33.5480 ZMK

YEARLY LOW

30.0417 ZMK

YEARLY AVERAGE

31.2744 ZMK

2011 NGN to ZMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to ZMK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 33.5480. Conversely, the yearly low was recorded on March 29, dropping to 30.0417.

This high-to-low spread represents a total annual volatility of 3.5063 ZMK. From a start-to-finish perspective, comparing the January average rate of 31.3360 to the December average rate of 31.6221, the exchange rate registered a net change of 0.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 33.5480 was down 3.65% compared to the 2010 peak of 34.8202, 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 33,548,023 ZMK

2010 Average 31,885,868 ZMK

Yearly Trough Low 30,041,681 ZMK

Transaction Impact: A difference of 3,506,341.55 ZMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

32.3268

30.3533

JanuMarcMayJulySeptNove

NGN to ZMK 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 30.9005, compared to 31.6483 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7477 points.

H1 Avg (Jan–Jun) 30.9005

H2 Avg (Jul–Dec) 31.6483

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 2.0076 ZMK (High: 33.5480 / Low: 31.5404). On the other end, April was the most stable month, with a tight range of 0.4831 ZMK (High: 30.8296 / Low: 30.3465).

August Spread (Volatile) ±2.0076

April Spread (Stable) ±0.4831

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.6579 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.6579

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 32.1624) against the same month in 2010 (average: 32.6816), the exchange rate shifted by -0.5192 (-1.59%).

2011 Avg (August) 32.1624

2010 Avg (August) 32.6816

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.9062	30.9945	31.3360
February	31.8292	30.9474	31.3295
March	31.1555	30.0417	30.7106
April	30.8296	30.3465	30.5178
May	30.7962	30.2711	30.5203
June	32.1147	30.4868	30.9891
July	32.0293	31.3966	31.7766
August	33.5480	31.5404	32.1624
September	32.1703	30.3186	31.5045
October	31.9515	30.2833	31.0454
November	32.0529	31.1400	31.7786
December	31.9783	31.2457	31.6221