2013 MAD to NGN Historical Review

YEARLY HIGH

19.7554 NGN

YEARLY LOW

18.2977 NGN

YEARLY AVERAGE

18.9459 NGN

2013 MAD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MAD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 19.7554. Conversely, the yearly low was recorded on March 28, dropping to 18.2977.

This high-to-low spread represents a total annual volatility of 1.4577 NGN. From a start-to-finish perspective, comparing the January average rate of 18.6716 to the December average rate of 19.3969, the exchange rate registered a net change of 3.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 19.7554 was up 3.72% compared to the 2012 peak of 19.0467, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 98,777 NGN

2012 Average 91,939 NGN

Yearly Trough Low 91,488 NGN

Transaction Impact: A difference of 7,288.49 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

19.5326

18.3584

JanuMarcMayJulySeptNove

MAD 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 18.6534, compared to 19.2385 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5851 points.

H1 Avg (Jan–Jun) 18.6534

H2 Avg (Jul–Dec) 19.2385

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.8388 NGN (High: 19.3281 / Low: 18.4893). On the other end, September was the most stable month, with a tight range of 0.2016 NGN (High: 19.4579 / Low: 19.2563).

June Spread (Volatile) ±0.8388

September Spread (Stable) ±0.2016

Growth Streaks & Declines

Trends

Between July and October, 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 February and March, when the average rate fell by 0.3490 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3490

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 19.3969) against the same month in 2012 (average: 18.5048), the exchange rate shifted by +0.8922 (+4.82%).

2013 Avg (December) 19.3969

2012 Avg (December) 18.5048

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.0119	18.3657	18.6716
February	19.1365	18.5478	18.8317
March	18.6399	18.2977	18.4827
April	18.6596	18.3084	18.5307
May	18.6864	18.2982	18.4562
June	19.3281	18.4893	18.9471
July	19.1124	18.6648	18.9372
August	19.3480	18.9514	19.1837
September	19.4579	19.2563	19.3484
October	19.5280	19.3021	19.4347
November	19.2191	18.9778	19.1301
December	19.7554	19.1604	19.3969