YEARLY HIGH
0.1767 NGN
YEARLY LOW
0.1692 NGN
YEARLY AVERAGE
0.1726 NGN

2013 CDF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the CDF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 6, valuing the pair at 0.1767. Conversely, the yearly low was recorded on January 1, dropping to 0.1692.

This high-to-low spread represents a total annual volatility of 0.0076 NGN. From a start-to-finish perspective, comparing the January average rate of 0.1702 to the December average rate of 0.1724, the exchange rate registered a net change of 1.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.1767 was down 1.16% compared to the 2012 peak of 0.1788, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 884 NGN
2012 Average 863 NGN
Yearly Trough Low 846 NGN
Transaction Impact: A difference of 37.77 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.1755
0.1697
JanuMarcMayJulySeptNove

CDF 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 0.1716, compared to 0.1736 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.1716
H2 Avg (Jul–Dec) 0.1736

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.0049 NGN (High: 0.1766 / Low: 0.1717). On the other end, April was the most stable month, with a tight range of 0.0014 NGN (High: 0.1726 / Low: 0.1712).

June Spread (Volatile) ±0.0049
April Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between May and July, 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 0.0021 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2013: 0.1750) against the same month in 2012 (average: 0.1706), the exchange rate shifted by +0.0045 (+2.62%).

2013 Avg (September) 0.1750
2012 Avg (September) 0.1706

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1709 0.1692 0.1702
February 0.1730 0.1704 0.1712
March 0.1721 0.1698 0.1711
April 0.1726 0.1712 0.1718
May 0.1724 0.1708 0.1716
June 0.1766 0.1717 0.1739
July 0.1762 0.1736 0.1748
August 0.1761 0.1737 0.1748
September 0.1767 0.1727 0.1750
October 0.1745 0.1714 0.1729
November 0.1730 0.1706 0.1718
December 0.1751 0.1712 0.1724