YEARLY HIGH
2.4774 AMD
YEARLY LOW
2.2906 AMD
YEARLY AVERAGE
2.3890 AMD

2011 NGN to AMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 2.4774. Conversely, the yearly low was recorded on October 10, dropping to 2.2906.

This high-to-low spread represents a total annual volatility of 0.1868 AMD. From a start-to-finish perspective, comparing the January average rate of 2.3876 to the December average rate of 2.3581, the exchange rate registered a net change of -1.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.4774 was down 8.12% compared to the 2010 peak of 2.6965, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 2,477,409 AMD
2010 Average 2,471,039 AMD
Yearly Trough Low 2,290,588 AMD
Transaction Impact: A difference of 186,821.35 AMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.4248
2.3454
JanuMarcMayJulySeptNove

NGN to AMD 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 2.3943, compared to 2.3837 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0106 points.

H1 Avg (Jan–Jun) 2.3943
H2 Avg (Jul–Dec) 2.3837

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.1206 AMD (High: 2.4774 / Low: 2.3569). On the other end, February was the most stable month, with a tight range of 0.0222 AMD (High: 2.3958 / Low: 2.3736).

August Spread (Volatile) ±0.1206
February Spread (Stable) ±0.0222

Growth Streaks & Declines

Trends

Between May and July, 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 November and December, when the average rate fell by 0.0511 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0511

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 2.3890) against the same month in 2010 (average: 2.4342), the exchange rate shifted by -0.0452 (-1.86%).

2011 Avg (August) 2.3890
2010 Avg (August) 2.4342

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4121 2.3646 2.3876
February 2.3958 2.3736 2.3876
March 2.3828 2.3509 2.3696
April 2.4380 2.3926 2.4182
May 2.4114 2.3707 2.3958
June 2.4301 2.3835 2.4071
July 2.4475 2.3774 2.4110
August 2.4774 2.3569 2.3890
September 2.4092 2.3388 2.3827
October 2.3977 2.2906 2.3520
November 2.4255 2.3677 2.4092
December 2.3791 2.3332 2.3581