YEARLY HIGH
21.1629 NGN
YEARLY LOW
17.5944 NGN
YEARLY AVERAGE
19.3815 NGN

2012 ZAR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the ZAR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 21.1629. Conversely, the yearly low was recorded on November 21, dropping to 17.5944.

This high-to-low spread represents a total annual volatility of 3.5685 NGN. From a start-to-finish perspective, comparing the January average rate of 20.1485 to the December average rate of 18.2187, the exchange rate registered a net change of -9.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 21.1629 was down 9.94% compared to the 2011 peak of 23.4993, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 1,058,147 NGN
2011 Average 1,078,581 NGN
Yearly Trough Low 879,722 NGN
Transaction Impact: A difference of 178,424.98 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

21.0239
17.6002
JanuMarcMayJulySeptNove

ZAR 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 20.0810, compared to 18.6819 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3991 points.

H1 Avg (Jan–Jun) 20.0810
H2 Avg (Jul–Dec) 18.6819

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 1.6446 NGN (High: 20.3795 / Low: 18.7349). On the other end, September was the most stable month, with a tight range of 0.5246 NGN (High: 19.3194 / Low: 18.7948).

May Spread (Volatile) ±1.6446
September Spread (Stable) ±0.5246

Growth Streaks & Declines

Trends

Between January and March, 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 0.9037 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.9037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2012: 20.7119) against the same month in 2011 (average: 21.2875), the exchange rate shifted by -0.5756 (-2.70%).

2012 Avg (February) 20.7119
2011 Avg (February) 21.2875

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.7196 19.5564 20.1485
February 21.1629 20.2168 20.7119
March 21.0274 20.4154 20.7386
April 20.6634 19.6591 20.1118
May 20.3795 18.7349 19.4437
June 19.8513 18.6592 19.3318
July 20.0967 18.8252 19.5724
August 19.8538 18.6724 19.2238
September 19.3194 18.7948 19.0474
October 18.8359 17.6656 18.1437
November 18.2015 17.5944 17.8855
December 18.6447 17.6638 18.2187