YEARLY HIGH
573.4700 NGN
YEARLY LOW
550.5388 NGN
YEARLY AVERAGE
561.0535 NGN

2013 KWD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the KWD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 12, valuing the pair at 573.4700. Conversely, the yearly low was recorded on May 15, dropping to 550.5388.

This high-to-low spread represents a total annual volatility of 22.9313 NGN. From a start-to-finish perspective, comparing the January average rate of 556.7146 to the December average rate of 563.0716, the exchange rate registered a net change of 1.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 573.4700 was down 1.59% compared to the 2012 peak of 582.7618, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,867,350 NGN
2012 Average 2,833,651 NGN
Yearly Trough Low 2,752,694 NGN
Transaction Impact: A difference of 114,656.30 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

571.0922
551.8402
JanuMarcMayJulySeptNove

KWD 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 557.1629, compared to 564.9441 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.7812 points.

H1 Avg (Jan–Jun) 557.1629
H2 Avg (Jul–Dec) 564.9441

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 18.0396 NGN (High: 571.3771 / Low: 553.3375). On the other end, November was the most stable month, with a tight range of 3.8104 NGN (High: 563.2808 / Low: 559.4704).

June Spread (Volatile) ±18.0396
November Spread (Stable) ±3.8104

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 5.3308 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -5.3308

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2013: 569.4879) against the same month in 2012 (average: 560.6716), the exchange rate shifted by +8.8163 (+1.57%).

2013 Avg (September) 569.4879
2012 Avg (September) 560.6716

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 559.0838 551.7877 556.7146
February 561.0822 555.5249 557.9456
March 559.0688 554.0784 556.6095
April 558.8415 550.8905 554.8738
May 556.6786 550.5388 553.4446
June 571.3771 553.3375 563.3894
July 567.7057 560.2003 564.3493
August 571.0725 560.0500 565.4028
September 573.4700 564.4221 569.4879
October 571.4148 563.1348 566.3418
November 563.2808 559.4704 561.0110
December 571.0181 559.2163 563.0716