YEARLY HIGH
56.7404 NGN
YEARLY LOW
45.7053 NGN
YEARLY AVERAGE
48.4257 NGN

2011 SRD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the SRD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 56.7404. Conversely, the yearly low was recorded on August 25, dropping to 45.7053.

This high-to-low spread represents a total annual volatility of 11.0351 NGN. From a start-to-finish perspective, comparing the January average rate of 55.0327 to the December average rate of 49.7075, the exchange rate registered a net change of -9.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 56.7404 was down 0.80% compared to the 2010 peak of 57.1997, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 283,702 NGN
2010 Average 277,367 NGN
Yearly Trough Low 228,526 NGN
Transaction Impact: A difference of 55,175.46 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

55.8705
45.8159
JanuMarcMayJulySeptNove

SRD 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 48.6737, compared to 48.1778 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4959 points.

H1 Avg (Jan–Jun) 48.6737
H2 Avg (Jul–Dec) 48.1778

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 10.2518 NGN (High: 56.7404 / Low: 46.4886). On the other end, April was the most stable month, with a tight range of 0.6537 NGN (High: 47.6136 / Low: 46.9599).

January Spread (Volatile) ±10.2518
April Spread (Stable) ±0.6537

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 January and February, when the average rate fell by 8.3047 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -8.3047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 55.0327) against the same month in 2010 (average: 55.4420), the exchange rate shifted by -0.4093 (-0.74%).

2011 Avg (January) 55.0327
2010 Avg (January) 55.4420

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 56.7404 46.4886 55.0327
February 47.1933 46.4990 46.7280
March 47.9709 46.9069 47.4177
April 47.6136 46.9599 47.3275
May 48.3383 47.1596 47.7975
June 48.2407 46.4958 47.7387
July 47.1689 46.2529 46.6538
August 47.9885 45.7053 47.0335
September 48.9122 47.2499 47.9520
October 50.0977 48.3736 49.0501
November 49.3052 47.9825 48.6698
December 50.3230 49.2064 49.7075