YEARLY HIGH
60.9579 NGN
YEARLY LOW
54.1817 NGN
YEARLY AVERAGE
56.5998 NGN

2011 PEN to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the PEN to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 60.9579. Conversely, the yearly low was recorded on April 28, dropping to 54.1817.

This high-to-low spread represents a total annual volatility of 6.7761 NGN. From a start-to-finish perspective, comparing the January average rate of 54.7193 to the December average rate of 60.2120, the exchange rate registered a net change of 10.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 60.9579 was up 18.16% compared to the 2010 peak of 51.5879, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 PEN based on timing:

Yearly Peak High 304,789 NGN
2010 Average 251,461 NGN
Yearly Trough Low 270,909 NGN
Transaction Impact: A difference of 33,880.67 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

60.7613
54.1700
JanuMarcMayJulySeptNove

PEN to NGN 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 55.5271, compared to 57.6726 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1455 points.

H1 Avg (Jan–Jun) 55.5271
H2 Avg (Jul–Dec) 57.6726

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 2.9144 NGN (High: 57.3083 / Low: 54.3940). On the other end, February was the most stable month, with a tight range of 0.7343 NGN (High: 55.4860 / Low: 54.7517).

May Spread (Volatile) ±2.9144
February Spread (Stable) ±0.7343

Growth Streaks & Declines

Trends

Between 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 March and April, when the average rate fell by 0.9078 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.9078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 60.2120) against the same month in 2010 (average: 50.7971), the exchange rate shifted by +9.4150 (+18.53%).

2011 Avg (December) 60.2120
2010 Avg (December) 50.7971

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 55.2448 54.2338 54.7193
February 55.4860 54.7517 55.1444
March 56.7071 55.2934 55.8258
April 55.6517 54.1817 54.9180
May 57.3083 54.3940 56.1967
June 56.8300 55.2681 56.3582
July 55.8855 54.7015 55.5323
August 57.0352 54.3503 56.0786
September 57.4618 56.6756 56.9825
October 59.7868 57.1055 58.5266
November 59.6261 58.0663 58.7034
December 60.9579 59.7015 60.2120