YEARLY HIGH
45.1670 NGN
YEARLY LOW
40.7953 NGN
YEARLY AVERAGE
42.8233 NGN

2011 QAR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the QAR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 45.1670. Conversely, the yearly low was recorded on August 25, dropping to 40.7953.

This high-to-low spread represents a total annual volatility of 4.3717 NGN. From a start-to-finish perspective, comparing the January average rate of 41.9213 to the December average rate of 44.6102, the exchange rate registered a net change of 6.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 45.1670 was up 6.07% compared to the 2010 peak of 42.5823, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 225,835 NGN
2010 Average 207,564 NGN
Yearly Trough Low 203,977 NGN
Transaction Impact: A difference of 21,858.27 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

44.8880
41.5543
JanuMarcMayJulySeptNove

QAR 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 42.4498, compared to 43.1968 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7469 points.

H1 Avg (Jan–Jun) 42.4498
H2 Avg (Jul–Dec) 43.1968

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 2.0328 NGN (High: 42.8281 / Low: 40.7953). On the other end, February was the most stable month, with a tight range of 0.4833 NGN (High: 42.3267 / Low: 41.8434).

August Spread (Volatile) ±2.0328
February Spread (Stable) ±0.4833

Growth Streaks & Declines

Trends

Between 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 June and July, when the average rate fell by 0.9576 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.9576

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 44.6102) against the same month in 2010 (average: 41.9295), the exchange rate shifted by +2.6807 (+6.39%).

2011 Avg (December) 44.6102
2010 Avg (December) 41.9295

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 42.3214 41.7519 41.9213
February 42.3267 41.8434 42.0070
March 43.1650 42.1570 42.6095
April 42.6721 42.1188 42.4826
May 43.3137 42.4309 42.8889
June 43.0766 41.8316 42.7897
July 42.1151 41.2998 41.8321
August 42.8281 40.7953 42.2042
September 43.6790 42.5131 42.9390
October 45.0816 43.2741 43.9534
November 44.3046 43.1794 43.6416
December 45.1670 44.2746 44.6102