2013 GEL to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2013.
2013 GEL to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2013
During 2013, the GEL to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 98.6348. Conversely, the yearly low was recorded on December 11, dropping to 91.3561.
This high-to-low spread represents a total annual volatility of 7.2787 NGN. From a start-to-finish perspective, comparing the January average rate of 94.5683 to the December average rate of 91.8492, the exchange rate registered a net change of -2.88% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2013 high of 98.6348 was down 1.28% compared to the 2012 peak of 99.9152, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2013.
GEL 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 95.6501, compared to 95.7017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0516 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2013 was June, with a trading range of 3.4629 NGN (High: 98.4321 / Low: 94.9692). On the other end, March was the most stable month, with a tight range of 0.9442 NGN (High: 95.9481 / Low: 95.0039).
Growth Streaks & Declines
TrendsBetween January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 2.7263 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2013: 97.4928) against the same month in 2012 (average: 91.2032), the exchange rate shifted by +6.2896 (+6.90%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 95.0071 | 93.8109 | 94.5683 |
| February | 95.7873 | 94.6805 | 95.0906 |
| March | 95.9481 | 95.0039 | 95.4869 |
| April | 96.2715 | 95.1996 | 95.6811 |
| May | 96.9100 | 95.7523 | 96.2984 |
| June | 98.4321 | 94.9692 | 96.7753 |
| July | 98.0797 | 96.7944 | 97.3412 |
| August | 97.9664 | 95.8155 | 96.8935 |
| September | 98.6348 | 96.0230 | 97.4928 |
| October | 97.1563 | 95.1008 | 96.0581 |
| November | 95.0905 | 93.4637 | 94.5755 |
| December | 93.5679 | 91.3561 | 91.8492 |