2013 KWD to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2013.
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.
Comparing the value generated converting 5,000 KWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2013.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |