2012 SZL to NGN Historical Review

YEARLY HIGH

21.2535 NGN

YEARLY LOW

17.6344 NGN

YEARLY AVERAGE

19.3800 NGN

2012 SZL to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the SZL to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 21.2535. Conversely, the yearly low was recorded on November 22, dropping to 17.6344.

This high-to-low spread represents a total annual volatility of 3.6192 NGN. From a start-to-finish perspective, comparing the January average rate of 20.1429 to the December average rate of 18.2185, the exchange rate registered a net change of -9.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 21.2535 was down 9.69% compared to the 2011 peak of 23.5329, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 106,268 NGN

2011 Average 108,087 NGN

Yearly Trough Low 88,172 NGN

Transaction Impact: A difference of 18,095.82 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

21.0202

17.6203

JanuMarcMayJulySeptNove

SZL 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 20.0823, compared to 18.6777 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4045 points.

H1 Avg (Jan–Jun) 20.0823

H2 Avg (Jul–Dec) 18.6777

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 1.5911 NGN (High: 20.3524 / Low: 18.7613). On the other end, November was the most stable month, with a tight range of 0.5262 NGN (High: 18.1606 / Low: 17.6344).

May Spread (Volatile) ±1.5911

November Spread (Stable) ±0.5262

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.8489 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.8489

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2012: 20.7048) against the same month in 2011 (average: 21.2916), the exchange rate shifted by -0.5868 (-2.76%).

2012 Avg (February) 20.7048

2011 Avg (February) 21.2916

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.6935	19.5453	20.1429
February	21.2535	20.2915	20.7048
March	21.0312	20.3981	20.7369
April	20.6295	19.6681	20.1329
May	20.3524	18.7613	19.4311
June	19.8985	18.6173	19.3450
July	20.1113	18.8259	19.5513
August	19.8140	18.6342	19.2011
September	19.3113	18.5950	19.0204
October	18.8862	17.7721	18.1715
November	18.1606	17.6344	17.9036
December	18.5660	17.7865	18.2185