YEARLY HIGH
265.7939 NGN
YEARLY LOW
238.5084 NGN
YEARLY AVERAGE
250.7705 NGN

2013 GIP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the GIP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 265.7939. Conversely, the yearly low was recorded on May 28, dropping to 238.5084.

This high-to-low spread represents a total annual volatility of 27.2855 NGN. From a start-to-finish perspective, comparing the January average rate of 250.4750 to the December average rate of 260.6254, the exchange rate registered a net change of 4.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 265.7939 was up 3.37% compared to the 2012 peak of 257.1231, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,328,969 NGN
2012 Average 1,258,803 NGN
Yearly Trough Low 1,192,542 NGN
Transaction Impact: A difference of 136,427.47 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

262.5144
239.8462
JanuMarcMayJulySeptNove

GIP 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 247.4309, compared to 254.1102 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.6794 points.

H1 Avg (Jan–Jun) 247.4309
H2 Avg (Jul–Dec) 254.1102

Volatility Range Comparison

Volatility

The most volatile month in 2013 was April, with a trading range of 13.9928 NGN (High: 253.3104 / Low: 239.3176). On the other end, March was the most stable month, with a tight range of 2.7715 NGN (High: 254.4442 / Low: 251.6727).

April Spread (Volatile) ±13.9928
March Spread (Stable) ±2.7715

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 March and April, when the average rate fell by 10.3833 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -10.3833

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 260.6254) against the same month in 2012 (average: 252.3504), the exchange rate shifted by +8.2750 (+3.28%).

2013 Avg (December) 260.6254
2012 Avg (December) 252.3504

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 252.5378 248.7382 250.4750
February 253.2761 245.2877 248.6995
March 254.4442 251.6727 253.1085
April 253.3104 239.3176 242.7252
May 246.4136 238.5084 241.7352
June 254.2280 240.4061 247.8419
July 247.3212 240.1048 244.4745
August 253.0697 242.3811 249.4831
September 259.7566 252.2929 256.9780
October 261.1529 254.9021 257.2853
November 259.2604 252.5707 255.8152
December 265.7939 258.2465 260.6254