2013 BOB to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2013.
2013 BOB to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2013
During 2013, the BOB to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 9, valuing the pair at 23.7014. Conversely, the yearly low was recorded on January 1, dropping to 22.3455.
This high-to-low spread represents a total annual volatility of 1.3560 NGN. From a start-to-finish perspective, comparing the January average rate of 22.4459 to the December average rate of 23.0231, the exchange rate registered a net change of 2.57% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2013 high of 23.7014 was up 0.27% compared to the 2012 peak of 23.6382, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BOB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2013.
BOB 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 22.6533, compared to 23.2028 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5495 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2013 was June, with a trading range of 0.8174 NGN (High: 23.4679 / Low: 22.6505). On the other end, February was the most stable month, with a tight range of 0.1380 NGN (High: 22.6194 / Low: 22.4814).
Growth Streaks & Declines
TrendsBetween 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 0.3043 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2013: 23.4480) against the same month in 2012 (average: 22.5905), the exchange rate shifted by +0.8575 (+3.80%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 22.5152 | 22.3455 | 22.4459 |
| February | 22.6194 | 22.4814 | 22.5151 |
| March | 22.7443 | 22.5501 | 22.6594 |
| April | 22.7822 | 22.5283 | 22.6505 |
| May | 22.6798 | 22.5123 | 22.6051 |
| June | 23.4679 | 22.6505 | 23.0438 |
| July | 23.4456 | 23.2421 | 23.3238 |
| August | 23.5557 | 23.1203 | 23.2982 |
| September | 23.7014 | 23.1411 | 23.4480 |
| October | 23.3475 | 22.9581 | 23.1438 |
| November | 23.0885 | 22.9071 | 22.9801 |
| December | 23.2989 | 22.8891 | 23.0231 |