2011 SCR to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 SCR to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the SCR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 12, valuing the pair at 13.0247. Conversely, the yearly low was recorded on December 22, dropping to 11.8602.
This high-to-low spread represents a total annual volatility of 1.1645 NGN. From a start-to-finish perspective, comparing the January average rate of 12.2836 to the December average rate of 12.1785, the exchange rate registered a net change of -0.86% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2011 high of 13.0247 was down 5.37% compared to the 2010 peak of 13.7643, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SCR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
SCR 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 12.5377, compared to 12.5124 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0253 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was June, with a trading range of 0.7480 NGN (High: 12.9578 / Low: 12.2098). On the other end, January was the most stable month, with a tight range of 0.4171 NGN (High: 12.5116 / Low: 12.0945).
Growth Streaks & Declines
TrendsBetween January and April, 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 October and November, when the average rate fell by 0.3154 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2011: 12.7612) against the same month in 2010 (average: 12.3845), the exchange rate shifted by +0.3767 (+3.04%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 12.5116 | 12.0945 | 12.2836 |
| February | 12.6605 | 12.2293 | 12.4129 |
| March | 12.8578 | 12.3374 | 12.5990 |
| April | 12.7932 | 12.3625 | 12.6289 |
| May | 12.9484 | 12.3998 | 12.6095 |
| June | 12.9578 | 12.2098 | 12.6926 |
| July | 12.6435 | 12.1105 | 12.4544 |
| August | 12.8030 | 12.2202 | 12.5358 |
| September | 12.9810 | 12.4090 | 12.6988 |
| October | 13.0247 | 12.4394 | 12.7612 |
| November | 12.6607 | 12.1767 | 12.4458 |
| December | 12.5692 | 11.8602 | 12.1785 |