2013 AFN to NGN Historical Review

YEARLY HIGH

3.0740 NGN

YEARLY LOW

2.7111 NGN

YEARLY AVERAGE

2.9119 NGN

2013 AFN to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the AFN to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 3.0740. Conversely, the yearly low was recorded on November 30, dropping to 2.7111.

This high-to-low spread represents a total annual volatility of 0.3629 NGN. From a start-to-finish perspective, comparing the January average rate of 3.0510 to the December average rate of 2.7904, the exchange rate registered a net change of -8.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 3.0740 was down 13.39% compared to the 2012 peak of 3.5492, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,370 NGN

2012 Average 16,208 NGN

Yearly Trough Low 13,555 NGN

Transaction Impact: A difference of 1,814.73 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

3.0787

2.7465

JanuMarcMayJulySeptNove

AFN 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 2.9848, compared to 2.8390 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1459 points.

H1 Avg (Jan–Jun) 2.9848

H2 Avg (Jul–Dec) 2.8390

Volatility Range Comparison

Volatility

The most volatile month in 2013 was December, with a trading range of 0.1976 NGN (High: 2.9107 / Low: 2.7131). On the other end, January was the most stable month, with a tight range of 0.0311 NGN (High: 3.0691 / Low: 3.0380).

December Spread (Volatile) ±0.1976

January Spread (Stable) ±0.0311

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0588 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0588

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2013: 3.0429) against the same month in 2012 (average: 3.2941), the exchange rate shifted by -0.2512 (-7.62%).

2013 Avg (February) 3.0429

2012 Avg (February) 3.2941

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.0691	3.0380	3.0510
February	3.0740	3.0101	3.0429
March	3.0261	2.9534	2.9841
April	2.9842	2.9479	2.9602
May	2.9801	2.9206	2.9442
June	2.9629	2.8893	2.9266
July	2.9386	2.8418	2.8774
August	2.9031	2.8501	2.8761
September	2.9215	2.8177	2.8856
October	2.8845	2.7813	2.8300
November	2.7945	2.7111	2.7742
December	2.9107	2.7131	2.7904