2012 NGN to ZMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2012.
2012 NGN to ZMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2012
During 2012, the NGN to ZMK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 33.8612. Conversely, the yearly low was recorded on July 11, dropping to 29.2383.
This high-to-low spread represents a total annual volatility of 4.6229 ZMK. From a start-to-finish perspective, comparing the January average rate of 31.9274 to the December average rate of 33.1400, the exchange rate registered a net change of 3.80% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2012 high of 33.8612 was up 0.93% compared to the 2011 peak of 33.5480, indicating shifts in long-term support levels.
Comparing the value generated converting 1,000,000 NGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2012.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 32.8638, compared to 32.0280 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8359 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2012 was July, with a trading range of 2.5251 ZMK (High: 31.7634 / Low: 29.2383). On the other end, March was the most stable month, with a tight range of 0.5917 ZMK (High: 33.8612 / Low: 33.2695).
Growth Streaks & Declines
TrendsBetween July and December, 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 June and July, when the average rate fell by 2.1640 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2012: 33.5923) against the same month in 2011 (average: 30.7106), the exchange rate shifted by +2.8818 (+9.38%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 32.3317 | 31.4455 | 31.9274 |
| February | 33.8018 | 31.9799 | 32.9662 |
| March | 33.8612 | 33.2695 | 33.5923 |
| April | 33.7701 | 32.6790 | 33.3172 |
| May | 33.6128 | 32.5018 | 32.9400 |
| June | 33.2763 | 31.8112 | 32.4399 |
| July | 31.7634 | 29.2383 | 30.2759 |
| August | 31.7286 | 30.1932 | 30.9208 |
| September | 32.5511 | 31.5297 | 31.9388 |
| October | 33.6802 | 32.1213 | 32.8829 |
| November | 33.3890 | 32.6789 | 33.0095 |
| December | 33.6790 | 31.6453 | 33.1400 |