2012 NOK to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2012.
2012 NOK to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2012
During 2012, the NOK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 28.4436. Conversely, the yearly low was recorded on July 25, dropping to 26.1146.
This high-to-low spread represents a total annual volatility of 2.3290 NGN. From a start-to-finish perspective, comparing the January average rate of 27.1190 to the December average rate of 28.0003, the exchange rate registered a net change of 3.25% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2012 high of 28.4436 was down 3.83% compared to the 2011 peak of 29.5758, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2012.
NOK to NGN 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 27.2730, compared to 27.3296 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0566 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2012 was May, with a trading range of 1.2850 NGN (High: 27.5186 / Low: 26.2336). On the other end, November was the most stable month, with a tight range of 0.4679 NGN (High: 27.8080 / Low: 27.3401).
Growth Streaks & Declines
TrendsBetween July and October, 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 April and May, when the average rate fell by 0.5727 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2012: 28.0003) against the same month in 2011 (average: 27.6092), the exchange rate shifted by +0.3911 (+1.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 27.6699 | 26.6440 | 27.1190 |
| February | 28.2579 | 27.3553 | 27.7585 |
| March | 28.1933 | 27.1917 | 27.6439 |
| April | 27.7266 | 27.1204 | 27.3616 |
| May | 27.5186 | 26.2336 | 26.7889 |
| June | 27.3936 | 26.1780 | 26.9658 |
| July | 27.3214 | 26.1146 | 26.5950 |
| August | 27.3424 | 26.2518 | 26.8820 |
| September | 27.7602 | 26.9991 | 27.4354 |
| October | 28.0007 | 27.1898 | 27.5448 |
| November | 27.8080 | 27.3401 | 27.5199 |
| December | 28.4436 | 27.6863 | 28.0003 |