YEARLY HIGH
81.9458 NGN
YEARLY LOW
77.7411 NGN
YEARLY AVERAGE
79.6247 NGN

2013 BBD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the BBD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 81.9458. Conversely, the yearly low was recorded on January 10, dropping to 77.7411.

This high-to-low spread represents a total annual volatility of 4.2047 NGN. From a start-to-finish perspective, comparing the January average rate of 78.3886 to the December average rate of 79.5704, the exchange rate registered a net change of 1.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 81.9458 was up 0.42% compared to the 2012 peak of 81.6000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 409,729 NGN
2012 Average 396,910 NGN
Yearly Trough Low 388,705 NGN
Transaction Impact: A difference of 21,023.30 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

81.2298
78.1303
JanuMarcMayJulySeptNove

BBD 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 79.0933, compared to 80.1560 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0627 points.

H1 Avg (Jan–Jun) 79.0933
H2 Avg (Jul–Dec) 80.1560

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 2.1955 NGN (High: 81.2495 / Low: 79.0540). On the other end, November was the most stable month, with a tight range of 0.4295 NGN (High: 79.5932 / Low: 79.1637).

June Spread (Volatile) ±2.1955
November Spread (Stable) ±0.4295

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 0.9983 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.9983

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2013: 80.9715) against the same month in 2012 (average: 78.8121), the exchange rate shifted by +2.1594 (+2.74%).

2013 Avg (September) 80.9715
2012 Avg (September) 78.8121

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 78.6718 77.7411 78.3886
February 79.2345 78.5206 78.7252
March 79.5999 78.7488 79.1903
April 79.6436 78.6415 79.1120
May 79.2493 78.6924 79.0225
June 81.2495 79.0540 80.1213
July 81.1831 80.1640 80.5572
August 81.4215 79.7800 80.4747
September 81.9458 79.9240 80.9715
October 80.7215 79.3378 79.9733
November 79.5932 79.1637 79.3891
December 80.5895 79.0670 79.5704