2013 CVE to NGN Historical Review

YEARLY HIGH

2.0209 NGN

YEARLY LOW

1.8352 NGN

YEARLY AVERAGE

1.9213 NGN

2013 CVE to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the CVE to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2.0209. Conversely, the yearly low was recorded on April 4, dropping to 1.8352.

This high-to-low spread represents a total annual volatility of 0.1856 NGN. From a start-to-finish perspective, comparing the January average rate of 1.8892 to the December average rate of 1.9819, the exchange rate registered a net change of 4.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 2.0209 was up 4.97% compared to the 2012 peak of 1.9251, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,104 NGN

2012 Average 9,237 NGN

Yearly Trough Low 9,176 NGN

Transaction Impact: A difference of 928.19 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

2.0007

1.8483

JanuMarcMayJulySeptNove

CVE 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 1.8834, compared to 1.9593 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0759 points.

H1 Avg (Jan–Jun) 1.8834

H2 Avg (Jul–Dec) 1.9593

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.0916 NGN (High: 1.9543 / Low: 1.8628). On the other end, November was the most stable month, with a tight range of 0.0236 NGN (High: 1.9623 / Low: 1.9386).

June Spread (Volatile) ±0.0916

November Spread (Stable) ±0.0236

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 0.0468 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0468

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 1.9819) against the same month in 2012 (average: 1.8656), the exchange rate shifted by +0.1163 (+6.24%).

2013 Avg (December) 1.9819

2012 Avg (December) 1.8656

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9260	1.8578	1.8892
February	1.9417	1.8829	1.9077
March	1.8948	1.8376	1.8610
April	1.8899	1.8352	1.8660
May	1.8827	1.8385	1.8613
June	1.9543	1.8628	1.9152
July	1.9514	1.8732	1.9107
August	1.9771	1.9226	1.9489
September	1.9931	1.9623	1.9769
October	1.9996	1.9748	1.9880
November	1.9623	1.9386	1.9492
December	2.0209	1.9550	1.9819