2011 VEF to NGN Historical Review

YEARLY HIGH

38.3087 NGN

YEARLY LOW

34.5767 NGN

YEARLY AVERAGE

36.2834 NGN

2011 VEF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the VEF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 38.3087. Conversely, the yearly low was recorded on August 25, dropping to 34.5767.

This high-to-low spread represents a total annual volatility of 3.7320 NGN. From a start-to-finish perspective, comparing the January average rate of 35.5142 to the December average rate of 37.8149, the exchange rate registered a net change of 6.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 38.3087 was down 45.17% compared to the 2010 peak of 69.8628, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 191,544 NGN

2010 Average 180,615 NGN

Yearly Trough Low 172,884 NGN

Transaction Impact: A difference of 18,659.91 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

38.0524

35.2023

JanuMarcMayJulySeptNove

VEF 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 35.9650, compared to 36.6017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6367 points.

H1 Avg (Jan–Jun) 35.9650

H2 Avg (Jul–Dec) 36.6017

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 1.7229 NGN (High: 36.2996 / Low: 34.5767). On the other end, February was the most stable month, with a tight range of 0.3650 NGN (High: 35.8300 / Low: 35.4650).

August Spread (Volatile) ±1.7229

February Spread (Stable) ±0.3650

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.8152 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.8152

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 37.8149) against the same month in 2010 (average: 35.5239), the exchange rate shifted by +2.2910 (+6.45%).

2011 Avg (December) 37.8149

2010 Avg (December) 35.5239

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	35.8702	35.3505	35.5142
February	35.8300	35.4650	35.5895
March	36.5852	35.7308	36.1028
April	36.1674	35.6985	35.9934
May	36.7112	35.9630	36.3352
June	36.5102	35.4550	36.2550
July	35.6954	34.9607	35.4398
August	36.2996	34.5767	35.7594
September	37.0208	35.9993	36.3801
October	38.1621	36.6776	37.2369
November	37.5581	36.5518	36.9794
December	38.3087	37.5301	37.8149