YEARLY HIGH
24.6002 NGN
YEARLY LOW
22.5941 NGN
YEARLY AVERAGE
23.1732 NGN

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.

Transfer Payout Power Comparison

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

Yearly Peak High 123,001 NGN
2012 Average 130,788 NGN
Yearly Trough Low 112,970 NGN
Transaction Impact: A difference of 10,030.47 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

24.0551
22.5648
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 23.2146
H2 Avg (Jul–Dec) 23.1318

Volatility Range Comparison

Volatility

The 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).

January Spread (Volatile) ±1.1649
November Spread (Stable) ±0.1120

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.5165

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2013 Avg (January) 23.9309
2012 Avg (January) 26.7211

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