YEARLY HIGH
113.5095 NGN
YEARLY LOW
103.6260 NGN
YEARLY AVERAGE
108.0839 NGN

2013 BGN to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the BGN to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 113.5095. Conversely, the yearly low was recorded on March 28, dropping to 103.6260.

This high-to-low spread represents a total annual volatility of 9.8835 NGN. From a start-to-finish perspective, comparing the January average rate of 106.5226 to the December average rate of 111.3784, the exchange rate registered a net change of 4.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 113.5095 was up 4.60% compared to the 2012 peak of 108.5145, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 567,548 NGN
2012 Average 521,329 NGN
Yearly Trough Low 518,130 NGN
Transaction Impact: A difference of 49,417.65 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

112.1334
104.1439
JanuMarcMayJulySeptNove

BGN 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 106.1586, compared to 110.0092 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.8506 points.

H1 Avg (Jan–Jun) 106.1586
H2 Avg (Jul–Dec) 110.0092

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 5.2059 NGN (High: 110.2854 / Low: 105.0795). On the other end, October was the most stable month, with a tight range of 1.4499 NGN (High: 111.9990 / Low: 110.5491).

June Spread (Volatile) ±5.2059
October Spread (Stable) ±1.4499

Growth Streaks & Declines

Trends

Between 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 2.6043 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.6043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 111.3784) against the same month in 2012 (average: 105.3701), the exchange rate shifted by +6.0083 (+5.70%).

2013 Avg (December) 111.3784
2012 Avg (December) 105.3701

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 108.7979 104.4288 106.5226
February 109.5659 105.4555 107.5058
March 105.8675 103.6260 104.9015
April 106.1420 103.6434 105.2804
May 106.1209 103.7666 104.8097
June 110.2854 105.0795 107.9318
July 109.0212 105.8549 107.6972
August 110.5425 108.2687 109.5244
September 111.3916 109.7681 110.5196
October 111.9990 110.5491 111.4676
November 110.2874 108.4645 109.4681
December 113.5095 109.7099 111.3784