YEARLY HIGH
0.0236 NGN
YEARLY LOW
0.0219 NGN
YEARLY AVERAGE
0.0227 NGN

2013 GNF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the GNF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 11, valuing the pair at 0.0236. Conversely, the yearly low was recorded on January 8, dropping to 0.0219.

This high-to-low spread represents a total annual volatility of 0.0017 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0221 to the December average rate of 0.0228, the exchange rate registered a net change of 3.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.0236 was up 0.83% compared to the 2012 peak of 0.0234, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 118 NGN
2012 Average 113 NGN
Yearly Trough Low 109 NGN
Transaction Impact: A difference of 8.57 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0235
0.0219
JanuMarcMayJulySeptNove

GNF 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 0.0224, compared to 0.0230 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0224
H2 Avg (Jul–Dec) 0.0230

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.0010 NGN (High: 0.0235 / Low: 0.0225). On the other end, November was the most stable month, with a tight range of 0.0004 NGN (High: 0.0230 / Low: 0.0226).

June Spread (Volatile) ±0.0010
November Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between 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 September and October, when the average rate fell by 0.0004 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2013: 0.0233) against the same month in 2012 (average: 0.0223), the exchange rate shifted by +0.0011 (+4.83%).

2013 Avg (September) 0.0233
2012 Avg (September) 0.0223

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0224 0.0219 0.0221
February 0.0227 0.0220 0.0222
March 0.0225 0.0220 0.0223
April 0.0225 0.0220 0.0223
May 0.0226 0.0222 0.0224
June 0.0235 0.0225 0.0229
July 0.0235 0.0230 0.0232
August 0.0234 0.0228 0.0231
September 0.0236 0.0229 0.0233
October 0.0233 0.0226 0.0229
November 0.0230 0.0226 0.0227
December 0.0231 0.0226 0.0228