2011 PGK to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 PGK to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the PGK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 77.2087. Conversely, the yearly low was recorded on January 25, dropping to 57.6023.
This high-to-low spread represents a total annual volatility of 19.6064 NGN. From a start-to-finish perspective, comparing the January average rate of 58.3059 to the December average rate of 76.3381, the exchange rate registered a net change of 30.93% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 77.2087 was up 28.52% compared to the 2010 peak of 60.0770, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PGK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
PGK 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 61.5538, compared to 71.8336 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.2798 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was June, with a trading range of 5.0786 NGN (High: 69.0622 / Low: 63.9836). On the other end, January was the most stable month, with a tight range of 1.2077 NGN (High: 58.8100 / Low: 57.6023).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2011: 76.3381) against the same month in 2010 (average: 59.0079), the exchange rate shifted by +17.3302 (+29.37%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 58.8100 | 57.6023 | 58.3059 |
| February | 59.4130 | 58.1496 | 58.5907 |
| March | 60.8844 | 59.3903 | 59.9508 |
| April | 63.1755 | 59.9354 | 61.4531 |
| May | 65.1786 | 63.1755 | 64.4047 |
| June | 69.0622 | 63.9836 | 66.6174 |
| July | 68.1882 | 65.5259 | 66.9594 |
| August | 70.1529 | 66.8125 | 68.9444 |
| September | 71.9511 | 69.9128 | 70.6603 |
| October | 75.0693 | 71.7929 | 73.3638 |
| November | 75.8095 | 73.4916 | 74.7356 |
| December | 77.2087 | 75.8833 | 76.3381 |