2011 XDR to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 XDR to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the XDR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 10, valuing the pair at 255.7591. Conversely, the yearly low was recorded on January 11, dropping to 232.6083.
This high-to-low spread represents a total annual volatility of 23.1508 NGN. From a start-to-finish perspective, comparing the January average rate of 236.0580 to the December average rate of 251.1183, the exchange rate registered a net change of 6.38% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 255.7591 was up 6.21% compared to the 2010 peak of 240.8055, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 XDR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
XDR to NGN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 244.2698, compared to 247.8943 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.6245 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was August, with a trading range of 12.2042 NGN (High: 251.4549 / Low: 239.2507). On the other end, November was the most stable month, with a tight range of 3.3662 NGN (High: 250.7158 / Low: 247.3495).
Growth Streaks & Declines
TrendsBetween January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 6.0891 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2011: 251.5324) against the same month in 2010 (average: 238.5779), the exchange rate shifted by +12.9544 (+5.43%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 238.0370 | 232.6083 | 236.0580 |
| February | 241.1905 | 236.7078 | 239.0205 |
| March | 249.2197 | 241.4566 | 245.0638 |
| April | 250.5288 | 243.3407 | 246.8113 |
| May | 251.5043 | 247.4177 | 249.6780 |
| June | 251.5985 | 243.6439 | 248.9872 |
| July | 245.6946 | 239.3417 | 242.8981 |
| August | 251.4549 | 239.2507 | 246.5916 |
| September | 249.9171 | 244.0804 | 246.3527 |
| October | 255.7591 | 245.2657 | 251.5324 |
| November | 250.7158 | 247.3495 | 248.8726 |
| December | 253.6360 | 248.5274 | 251.1183 |