YEARLY HIGH
24.3342 NGN
YEARLY LOW
20.6875 NGN
YEARLY AVERAGE
22.7753 NGN

2011 BWP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BWP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 24.3342. Conversely, the yearly low was recorded on November 27, dropping to 20.6875.

This high-to-low spread represents a total annual volatility of 3.6467 NGN. From a start-to-finish perspective, comparing the January average rate of 22.9770 to the December average rate of 21.6152, the exchange rate registered a net change of -5.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 24.3342 was up 2.98% compared to the 2010 peak of 23.6294, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 121,671 NGN
2010 Average 110,876 NGN
Yearly Trough Low 103,438 NGN
Transaction Impact: A difference of 18,233.25 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

24.1317
21.0329
JanuMarcMayJulySeptNove

BWP 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 23.3893, compared to 22.1613 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2280 points.

H1 Avg (Jan–Jun) 23.3893
H2 Avg (Jul–Dec) 22.1613

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 2.2376 NGN (High: 23.0726 / Low: 20.8351). On the other end, March was the most stable month, with a tight range of 0.6936 NGN (High: 23.7189 / Low: 23.0253).

September Spread (Volatile) ±2.2376
March Spread (Stable) ±0.6936

Growth Streaks & Declines

Trends

Between February and April, 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 August and September, when the average rate fell by 0.6431 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.6431

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 23.8735) against the same month in 2010 (average: 22.1140), the exchange rate shifted by +1.7595 (+7.96%).

2011 Avg (April) 23.8735
2010 Avg (April) 22.1140

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23.6154 22.4736 22.9770
February 23.0557 22.1802 22.5387
March 23.7189 23.0253 23.4095
April 24.3342 23.4946 23.8735
May 24.3342 23.3105 23.7707
June 23.9961 23.2044 23.7661
July 23.5619 22.6963 23.1938
August 23.5418 21.7841 22.8137
September 23.0726 20.8351 22.1706
October 22.5640 20.9562 21.8831
November 21.6516 20.6875 21.2912
December 21.8802 21.1860 21.6152