YEARLY HIGH
60.9469 NGN
YEARLY LOW
55.1324 NGN
YEARLY AVERAGE
57.8728 NGN

2011 XCD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the XCD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 10, valuing the pair at 60.9469. Conversely, the yearly low was recorded on August 25, dropping to 55.1324.

This high-to-low spread represents a total annual volatility of 5.8145 NGN. From a start-to-finish perspective, comparing the January average rate of 56.6764 to the December average rate of 60.1549, the exchange rate registered a net change of 6.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 60.9469 was up 2.36% compared to the 2010 peak of 59.5432, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 304,734 NGN
2010 Average 283,590 NGN
Yearly Trough Low 275,662 NGN
Transaction Impact: A difference of 29,072.51 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

60.5142
56.2020
JanuMarcMayJulySeptNove

XCD 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 57.3878, compared to 58.3578 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9699 points.

H1 Avg (Jan–Jun) 57.3878
H2 Avg (Jul–Dec) 58.3578

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 2.7473 NGN (High: 57.8797 / Low: 55.1324). On the other end, February was the most stable month, with a tight range of 0.6646 NGN (High: 57.2278 / Low: 56.5632).

August Spread (Volatile) ±2.7473
February Spread (Stable) ±0.6646

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 1.2816 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.2816

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 59.4239) against the same month in 2010 (average: 56.6680), the exchange rate shifted by +2.7559 (+4.86%).

2011 Avg (October) 59.4239
2010 Avg (October) 56.6680

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 57.2145 56.4314 56.6764
February 57.2278 56.5632 56.7881
March 58.3538 57.0031 57.6070
April 57.6752 56.9573 57.4292
May 58.5531 57.3642 57.9833
June 58.2380 56.5509 57.8429
July 56.9237 55.8997 56.5614
August 57.8797 55.1324 57.0528
September 59.0510 57.4733 58.0384
October 60.9469 58.4894 59.4239
November 59.7286 58.3913 58.9153
December 60.9066 59.7188 60.1549