YEARLY HIGH
0.0135 BBD
YEARLY LOW
0.0122 BBD
YEARLY AVERAGE
0.0128 BBD

2011 NGN to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.0135. Conversely, the yearly low was recorded on December 27, dropping to 0.0122.

This high-to-low spread represents a total annual volatility of 0.0013 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0131 to the December average rate of 0.0123, the exchange rate registered a net change of -6.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0135 was up 0.50% compared to the 2010 peak of 0.0134, 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 13,468 BBD
2010 Average 13,236 BBD
Yearly Trough Low 12,162 BBD
Transaction Impact: A difference of 1,306.77 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0132
0.0122
JanuMarcMayJulySeptNove

NGN to BBD 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 0.0129, compared to 0.0127 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0129
H2 Avg (Jul–Dec) 0.0127

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0006 BBD (High: 0.0135 / Low: 0.0128). On the other end, February was the most stable month, with a tight range of 0.0001 BBD (High: 0.0131 / Low: 0.0130).

August Spread (Volatile) ±0.0006
February Spread (Stable) ±0.0001

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 September and October, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 0.0130) against the same month in 2010 (average: 0.0133), the exchange rate shifted by -0.0003 (-1.92%).

2011 Avg (August) 0.0130
2010 Avg (August) 0.0133

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0132 0.0130 0.0131
February 0.0131 0.0130 0.0131
March 0.0130 0.0127 0.0129
April 0.0130 0.0129 0.0129
May 0.0129 0.0127 0.0128
June 0.0131 0.0128 0.0128
July 0.0133 0.0130 0.0131
August 0.0135 0.0128 0.0130
September 0.0129 0.0126 0.0128
October 0.0127 0.0122 0.0125
November 0.0127 0.0124 0.0126
December 0.0124 0.0122 0.0123