YEARLY HIGH
0.0236 AED
YEARLY LOW
0.0224 AED
YEARLY AVERAGE
0.0231 AED

2013 NGN to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the NGN to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0236. Conversely, the yearly low was recorded on September 5, dropping to 0.0224.

This high-to-low spread represents a total annual volatility of 0.0012 AED. From a start-to-finish perspective, comparing the January average rate of 0.0234 to the December average rate of 0.0231, the exchange rate registered a net change of -1.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.0236 was up 0.29% compared to the 2012 peak of 0.0236, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 23,624 AED
2012 Average 23,138 AED
Yearly Trough Low 22,412 AED
Transaction Impact: A difference of 1,212.74 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0235
0.0226
JanuMarcMayJulySeptNove

NGN to AED 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 0.0232, compared to 0.0229 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0232
H2 Avg (Jul–Dec) 0.0229

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.0006 AED (High: 0.0232 / Low: 0.0226). On the other end, November was the most stable month, with a tight range of 0.0001 AED (High: 0.0232 / Low: 0.0231).

June Spread (Volatile) ±0.0006
November Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 0.0234) against the same month in 2012 (average: 0.0228), the exchange rate shifted by +0.0007 (+2.92%).

2013 Avg (January) 0.0234
2012 Avg (January) 0.0228

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0236 0.0233 0.0234
February 0.0234 0.0232 0.0233
March 0.0233 0.0231 0.0232
April 0.0234 0.0231 0.0232
May 0.0233 0.0232 0.0232
June 0.0232 0.0226 0.0229
July 0.0229 0.0226 0.0228
August 0.0230 0.0226 0.0228
September 0.0230 0.0224 0.0227
October 0.0231 0.0227 0.0230
November 0.0232 0.0231 0.0231
December 0.0232 0.0228 0.0231