YEARLY HIGH
10.6798 NGN
YEARLY LOW
10.1004 NGN
YEARLY AVERAGE
10.3538 NGN

2013 MVR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MVR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 10.6798. Conversely, the yearly low was recorded on January 10, dropping to 10.1004.

This high-to-low spread represents a total annual volatility of 0.5793 NGN. From a start-to-finish perspective, comparing the January average rate of 10.1654 to the December average rate of 10.3465, the exchange rate registered a net change of 1.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 10.6798 was down 10.21% compared to the 2012 peak of 11.8938, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 53,399 NGN
2012 Average 54,073 NGN
Yearly Trough Low 50,502 NGN
Transaction Impact: A difference of 2,896.74 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

10.5717
10.1285
JanuMarcMayJulySeptNove

MVR 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 10.2825, compared to 10.4250 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1426 points.

H1 Avg (Jan–Jun) 10.2825
H2 Avg (Jul–Dec) 10.4250

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.3817 NGN (High: 10.6054 / Low: 10.2238). On the other end, May was the most stable month, with a tight range of 0.0849 NGN (High: 10.3252 / Low: 10.2403).

June Spread (Volatile) ±0.3817
May Spread (Stable) ±0.0849

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.1429 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.1429

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2013: 10.5348) against the same month in 2012 (average: 10.2277), the exchange rate shifted by +0.3071 (+3.00%).

2013 Avg (September) 10.5348
2012 Avg (September) 10.2277

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.2037 10.1004 10.1654
February 10.3112 10.1581 10.2246
March 10.3900 10.1867 10.2800
April 10.3442 10.2161 10.2865
May 10.3252 10.2403 10.2988
June 10.6054 10.2238 10.4396
July 10.5966 10.4095 10.4853
August 10.5930 10.3741 10.4698
September 10.6798 10.3637 10.5348
October 10.4865 10.3168 10.3919
November 10.3767 10.2795 10.3221
December 10.4827 10.2657 10.3465