2013 GMD to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2013.
2013 GMD to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2013
During 2013, the GMD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 9, valuing the pair at 5.0294. Conversely, the yearly low was recorded on December 8, dropping to 4.1505.
This high-to-low spread represents a total annual volatility of 0.8789 NGN. From a start-to-finish perspective, comparing the January average rate of 4.6918 to the December average rate of 4.1961, the exchange rate registered a net change of -10.56% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2013 high of 5.0294 was down 11.15% compared to the 2012 peak of 5.6604, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2013.
GMD 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 4.6857, compared to 4.7445 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0587 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2013 was November, with a trading range of 0.7126 NGN (High: 4.8819 / Low: 4.1692). On the other end, April was the most stable month, with a tight range of 0.0801 NGN (High: 4.8080 / Low: 4.7279).
Growth Streaks & Declines
TrendsBetween January and April, 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 November and December, when the average rate fell by 0.4221 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2013: 4.9640) against the same month in 2012 (average: 4.7700), the exchange rate shifted by +0.1940 (+4.07%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.8489 | 4.5831 | 4.6918 |
| February | 4.7898 | 4.6206 | 4.7193 |
| March | 4.8063 | 4.6847 | 4.7582 |
| April | 4.8080 | 4.7279 | 4.7777 |
| May | 4.7975 | 4.4874 | 4.7272 |
| June | 4.6805 | 4.3608 | 4.4400 |
| July | 4.9642 | 4.4880 | 4.8974 |
| August | 4.9828 | 4.6005 | 4.8970 |
| September | 5.0294 | 4.8620 | 4.9640 |
| October | 4.9427 | 4.8621 | 4.8940 |
| November | 4.8819 | 4.1692 | 4.6182 |
| December | 4.2515 | 4.1505 | 4.1961 |