YEARLY HIGH
38.9865 NGN
YEARLY LOW
35.4717 NGN
YEARLY AVERAGE
37.7778 NGN

2011 ARS to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ARS to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 10, valuing the pair at 38.9865. Conversely, the yearly low was recorded on August 25, dropping to 35.4717.

This high-to-low spread represents a total annual volatility of 3.5148 NGN. From a start-to-finish perspective, comparing the January average rate of 38.3458 to the December average rate of 37.8902, the exchange rate registered a net change of -1.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 38.9865 was down 2.32% compared to the 2010 peak of 39.9121, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 194,932 NGN
2010 Average 193,218 NGN
Yearly Trough Low 177,359 NGN
Transaction Impact: A difference of 17,573.79 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

38.6019
36.7417
JanuMarcMayJulySeptNove

ARS 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 38.1897, compared to 37.3659 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8237 points.

H1 Avg (Jan–Jun) 38.1897
H2 Avg (Jul–Dec) 37.3659

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 1.8406 NGN (High: 37.3123 / Low: 35.4717). On the other end, February was the most stable month, with a tight range of 0.4201 NGN (High: 38.3203 / Low: 37.9002).

August Spread (Volatile) ±1.8406
February Spread (Stable) ±0.4201

Growth Streaks & Declines

Trends

Between August and October, 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 June and July, when the average rate fell by 1.0700 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.0700

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 37.9296) against the same month in 2010 (average: 38.4272), the exchange rate shifted by -0.4976 (-1.29%).

2011 Avg (October) 37.9296
2010 Avg (October) 38.4272

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 38.7397 38.0474 38.3458
February 38.3203 37.9002 38.0323
March 38.9351 38.0677 38.4468
April 38.3767 37.5691 38.0456
May 38.5713 37.7428 38.2241
June 38.3521 37.0797 38.0434
July 37.3748 36.6419 36.9734
August 37.3123 35.4717 36.8967
September 37.8106 36.8684 37.1966
October 38.9865 37.1964 37.9296
November 37.7401 36.9817 37.3091
December 38.2853 37.6016 37.8902