2013 BAM to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2013.
2013 BAM to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2013
During 2013, the BAM to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 113.5333. Conversely, the yearly low was recorded on March 28, dropping to 103.7317.
This high-to-low spread represents a total annual volatility of 9.8016 NGN. From a start-to-finish perspective, comparing the January average rate of 106.4833 to the December average rate of 111.4263, the exchange rate registered a net change of 4.64% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2013 high of 113.5333 was up 4.73% compared to the 2012 peak of 108.4061, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BAM based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2013.
BAM 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 106.1456, compared to 110.0359 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.8904 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2013 was June, with a trading range of 5.2460 NGN (High: 110.3571 / Low: 105.1111). On the other end, October was the most stable month, with a tight range of 1.4424 NGN (High: 112.0769 / Low: 110.6345).
Growth Streaks & Declines
TrendsBetween 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 February and March, when the average rate fell by 2.5871 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2013: 111.4263) against the same month in 2012 (average: 105.2883), the exchange rate shifted by +6.1380 (+5.83%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 108.8477 | 104.3478 | 106.4833 |
| February | 109.6179 | 105.5504 | 107.5029 |
| March | 105.8752 | 103.7317 | 104.9159 |
| April | 106.1520 | 103.7788 | 105.2867 |
| May | 106.3181 | 103.7337 | 104.7994 |
| June | 110.3571 | 105.1111 | 107.8851 |
| July | 109.0180 | 105.8032 | 107.7180 |
| August | 110.5469 | 108.2368 | 109.5519 |
| September | 111.4438 | 109.7399 | 110.5431 |
| October | 112.0769 | 110.6345 | 111.4869 |
| November | 110.2547 | 108.4600 | 109.4893 |
| December | 113.5333 | 109.8165 | 111.4263 |