YEARLY HIGH
0.0120 TRY
YEARLY LOW
0.0097 TRY
YEARLY AVERAGE
0.0108 TRY

2011 NGN to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 0.0120. Conversely, the yearly low was recorded on April 8, dropping to 0.0097.

This high-to-low spread represents a total annual volatility of 0.0022 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0103 to the December average rate of 0.0115, the exchange rate registered a net change of 12.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0120 was up 12.96% compared to the 2010 peak of 0.0106, 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 11,978 TRY
2010 Average 9,978 TRY
Yearly Trough Low 9,747 TRY
Transaction Impact: A difference of 2,231.55 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0117
0.0097
JanuMarcMayJulySeptNove

NGN to TRY 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 0.0102, compared to 0.0114 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0102
H2 Avg (Jul–Dec) 0.0114

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0010 TRY (High: 0.0120 / Low: 0.0110). On the other end, April was the most stable month, with a tight range of 0.0002 TRY (High: 0.0100 / Low: 0.0097).

October Spread (Volatile) ±0.0010
April Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0003 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 0.0114) against the same month in 2010 (average: 0.0094), the exchange rate shifted by +0.0021 (+21.97%).

2011 Avg (October) 0.0114
2010 Avg (October) 0.0094

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0105 0.0101 0.0103
February 0.0105 0.0103 0.0104
March 0.0105 0.0100 0.0102
April 0.0100 0.0097 0.0098
May 0.0103 0.0098 0.0101
June 0.0107 0.0101 0.0103
July 0.0113 0.0106 0.0109
August 0.0118 0.0110 0.0114
September 0.0117 0.0111 0.0115
October 0.0120 0.0110 0.0114
November 0.0118 0.0112 0.0114
December 0.0117 0.0113 0.0115