YEARLY HIGH
0.6956 ALL
YEARLY LOW
0.6307 ALL
YEARLY AVERAGE
0.6636 ALL

2013 NGN to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the NGN to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 18, valuing the pair at 0.6956. Conversely, the yearly low was recorded on December 30, dropping to 0.6307.

This high-to-low spread represents a total annual volatility of 0.0649 ALL. From a start-to-finish perspective, comparing the January average rate of 0.6698 to the December average rate of 0.6431, the exchange rate registered a net change of -3.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.6956 was down 2.34% compared to the 2012 peak of 0.7123, 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 695,613 ALL
2012 Average 681,251 ALL
Yearly Trough Low 630,675 ALL
Transaction Impact: A difference of 64,938.18 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.6916
0.6387
JanuMarcMayJulySeptNove

NGN to ALL 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 0.6752, compared to 0.6521 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0230 points.

H1 Avg (Jan–Jun) 0.6752
H2 Avg (Jul–Dec) 0.6521

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.0278 ALL (High: 0.6828 / Low: 0.6551). On the other end, September was the most stable month, with a tight range of 0.0079 ALL (High: 0.6539 / Low: 0.6460).

June Spread (Volatile) ±0.0278
September Spread (Stable) ±0.0079

Growth Streaks & Declines

Trends

Between February and May, 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 0.0194 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0194

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2013: 0.6872) against the same month in 2012 (average: 0.6876), the exchange rate shifted by -0.0004 (-0.06%).

2013 Avg (May) 0.6872
2012 Avg (May) 0.6876

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6833 0.6560 0.6698
February 0.6758 0.6513 0.6644
March 0.6898 0.6749 0.6809
April 0.6893 0.6757 0.6810
May 0.6956 0.6770 0.6872
June 0.6828 0.6551 0.6678
July 0.6754 0.6573 0.6658
August 0.6619 0.6479 0.6536
September 0.6539 0.6460 0.6498
October 0.6531 0.6408 0.6460
November 0.6590 0.6509 0.6545
December 0.6532 0.6307 0.6431