YEARLY HIGH
0.0132 NGN
YEARLY LOW
0.0063 NGN
YEARLY AVERAGE
0.0102 NGN

2013 IRR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the IRR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 29, valuing the pair at 0.0132. Conversely, the yearly low was recorded on November 4, dropping to 0.0063.

This high-to-low spread represents a total annual volatility of 0.0069 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0128 to the December average rate of 0.0064, the exchange rate registered a net change of -49.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.0132 was down 10.25% compared to the 2012 peak of 0.0147, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 66 NGN
2012 Average 66 NGN
Yearly Trough Low 32 NGN
Transaction Impact: A difference of 34.36 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0138
0.0057
JanuMarcMayJulySeptNove

IRR 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 0.0129, compared to 0.0076 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 0.0129
H2 Avg (Jul–Dec) 0.0076

Volatility Range Comparison

Volatility

The most volatile month in 2013 was August, with a trading range of 0.0066 NGN (High: 0.0131 / Low: 0.0064). On the other end, November was the most stable month, with a tight range of 0.0001 NGN (High: 0.0064 / Low: 0.0063).

August Spread (Volatile) ±0.0066
November Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0064 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2013: 0.0131) against the same month in 2012 (average: 0.0132), the exchange rate shifted by -0.0002 (-1.31%).

2013 Avg (June) 0.0131
2012 Avg (June) 0.0132

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0128 0.0127 0.0128
February 0.0129 0.0128 0.0128
March 0.0129 0.0128 0.0129
April 0.0130 0.0128 0.0129
May 0.0129 0.0128 0.0129
June 0.0132 0.0129 0.0131
July 0.0132 0.0131 0.0131
August 0.0131 0.0064 0.0067
September 0.0066 0.0064 0.0065
October 0.0065 0.0064 0.0064
November 0.0064 0.0063 0.0064
December 0.0065 0.0064 0.0064