YEARLY HIGH
0.0333 NGN
YEARLY LOW
0.0298 NGN
YEARLY AVERAGE
0.0320 NGN

2011 ZMK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ZMK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 29, valuing the pair at 0.0333. Conversely, the yearly low was recorded on August 25, dropping to 0.0298.

This high-to-low spread represents a total annual volatility of 0.0035 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0319 to the December average rate of 0.0316, the exchange rate registered a net change of -0.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0333 was down 2.15% compared to the 2010 peak of 0.0340, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 166 NGN
2010 Average 157 NGN
Yearly Trough Low 149 NGN
Transaction Impact: A difference of 17.40 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0329
0.0309
JanuMarcMayJulySeptNove

ZMK 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 0.0324, compared to 0.0316 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0324
H2 Avg (Jul–Dec) 0.0316

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0019 NGN (High: 0.0330 / Low: 0.0311). On the other end, April was the most stable month, with a tight range of 0.0005 NGN (High: 0.0330 / Low: 0.0324).

September Spread (Volatile) ±0.0019
April Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and April, 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 0.0008 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2011: 0.0326) against the same month in 2010 (average: 0.0318), the exchange rate shifted by +0.0007 (+2.34%).

2011 Avg (March) 0.0326
2010 Avg (March) 0.0318

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0323 0.0313 0.0319
February 0.0323 0.0314 0.0319
March 0.0333 0.0321 0.0326
April 0.0330 0.0324 0.0328
May 0.0330 0.0325 0.0328
June 0.0328 0.0311 0.0323
July 0.0319 0.0312 0.0315
August 0.0317 0.0298 0.0311
September 0.0330 0.0311 0.0318
October 0.0330 0.0313 0.0322
November 0.0321 0.0312 0.0315
December 0.0320 0.0313 0.0316