YEARLY HIGH
0.6017 NGN
YEARLY LOW
0.5169 NGN
YEARLY AVERAGE
0.5429 NGN

2013 MRO to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MRO to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 0.6017. Conversely, the yearly low was recorded on January 3, dropping to 0.5169.

This high-to-low spread represents a total annual volatility of 0.0848 NGN. From a start-to-finish perspective, comparing the January average rate of 0.5204 to the December average rate of 0.5457, the exchange rate registered a net change of 4.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.6017 was up 6.06% compared to the 2012 peak of 0.5673, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,009 NGN
2012 Average 2,691 NGN
Yearly Trough Low 2,585 NGN
Transaction Impact: A difference of 424.10 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.5838
0.5147
JanuMarcMayJulySeptNove

MRO 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 0.5459, compared to 0.5399 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 0.5459
H2 Avg (Jul–Dec) 0.5399

Volatility Range Comparison

Volatility

The most volatile month in 2013 was May, with a trading range of 0.0729 NGN (High: 0.5983 / Low: 0.5254). On the other end, January was the most stable month, with a tight range of 0.0070 NGN (High: 0.5240 / Low: 0.5169).

May Spread (Volatile) ±0.0729
January Spread (Stable) ±0.0070

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.0298 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0298

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2013: 0.5780) against the same month in 2012 (average: 0.5428), the exchange rate shifted by +0.0352 (+6.49%).

2013 Avg (April) 0.5780
2012 Avg (April) 0.5428

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5240 0.5169 0.5204
February 0.5336 0.5222 0.5256
March 0.5718 0.5330 0.5483
April 0.6017 0.5650 0.5780
May 0.5983 0.5254 0.5665
June 0.5462 0.5298 0.5367
July 0.5533 0.5286 0.5413
August 0.5505 0.5301 0.5358
September 0.5626 0.5326 0.5503
October 0.5511 0.5262 0.5338
November 0.5442 0.5230 0.5325
December 0.5521 0.5409 0.5457