2011 NZD to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 NZD to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the NZD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 1, valuing the pair at 134.1440. Conversely, the yearly low was recorded on March 17, dropping to 113.2132.
This high-to-low spread represents a total annual volatility of 20.9308 NGN. From a start-to-finish perspective, comparing the January average rate of 116.9569 to the December average rate of 125.2046, the exchange rate registered a net change of 7.05% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 134.1440 was up 12.10% compared to the 2010 peak of 119.6660, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
NZD 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 120.2960, compared to 126.4688 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.1729 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was October, with a trading range of 11.7048 NGN (High: 131.4719 / Low: 119.7671). On the other end, January was the most stable month, with a tight range of 3.0637 NGN (High: 118.5578 / Low: 115.4941).
Growth Streaks & Declines
TrendsBetween March and July, 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 October and November, when the average rate fell by 4.1329 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2011: 128.5418) against the same month in 2010 (average: 107.6446), the exchange rate shifted by +20.8971 (+19.41%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 118.5578 | 115.4941 | 116.9569 |
| February | 118.7450 | 113.8915 | 116.3948 |
| March | 118.4906 | 113.2132 | 114.9693 |
| April | 125.0158 | 118.2512 | 122.0531 |
| May | 128.5574 | 121.6731 | 124.4676 |
| June | 128.2799 | 124.4417 | 126.9341 |
| July | 133.3905 | 124.2470 | 128.9763 |
| August | 134.1440 | 123.1921 | 128.5418 |
| September | 131.6991 | 121.5075 | 127.2613 |
| October | 131.4719 | 119.7671 | 126.4810 |
| November | 126.5960 | 117.8520 | 122.3481 |
| December | 127.1390 | 122.1300 | 125.2046 |