2013 EGP to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2013.
2013 EGP to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2013
During 2013, the EGP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 24.6002. Conversely, the yearly low was recorded on May 15, dropping to 22.5941.
This high-to-low spread represents a total annual volatility of 2.0061 NGN. From a start-to-finish perspective, comparing the January average rate of 23.9309 to the December average rate of 23.0611, the exchange rate registered a net change of -3.63% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2013 high of 24.6002 was down 8.77% compared to the 2012 peak of 26.9640, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EGP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2013.
EGP 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 23.2146, compared to 23.1318 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0827 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2013 was January, with a trading range of 1.1649 NGN (High: 24.6002 / Low: 23.4353). On the other end, November was the most stable month, with a tight range of 0.1120 NGN (High: 23.1060 / Low: 22.9940).
Growth Streaks & Declines
TrendsBetween May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.5165 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2013: 23.9309) against the same month in 2012 (average: 26.7211), the exchange rate shifted by -2.7901 (-10.44%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.6002 | 23.4353 | 23.9309 |
| February | 23.5384 | 23.3448 | 23.4144 |
| March | 23.4831 | 23.2639 | 23.3600 |
| April | 23.3287 | 22.8339 | 23.0004 |
| May | 22.8355 | 22.5941 | 22.6890 |
| June | 23.1550 | 22.6363 | 22.8928 |
| July | 23.0899 | 22.8232 | 22.9893 |
| August | 23.3087 | 22.8093 | 23.0304 |
| September | 23.7040 | 23.1923 | 23.4500 |
| October | 23.4177 | 23.0306 | 23.2102 |
| November | 23.1060 | 22.9940 | 23.0500 |
| December | 23.2276 | 22.9741 | 23.0611 |