YEARLY HIGH
0.0097 BGN
YEARLY LOW
0.0088 BGN
YEARLY AVERAGE
0.0093 BGN

2013 NGN to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the NGN to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 0.0097. Conversely, the yearly low was recorded on December 30, dropping to 0.0088.

This high-to-low spread represents a total annual volatility of 0.0008 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0094 to the December average rate of 0.0090, the exchange rate registered a net change of -4.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.0097 was down 5.14% compared to the 2012 peak of 0.0102, 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 9,650 BGN
2012 Average 9,595 BGN
Yearly Trough Low 8,810 BGN
Transaction Impact: A difference of 840.25 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0096
0.0089
JanuMarcMayJulySeptNove

NGN to BGN 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 0.0094, compared to 0.0091 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) 0.0094
H2 Avg (Jul–Dec) 0.0091

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.0004 BGN (High: 0.0095 / Low: 0.0091). On the other end, October was the most stable month, with a tight range of 0.0001 BGN (High: 0.0090 / Low: 0.0089).

June Spread (Volatile) ±0.0004
October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0003 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2013: 0.0095) against the same month in 2012 (average: 0.0094), the exchange rate shifted by +0.0001 (+1.35%).

2013 Avg (March) 0.0095
2012 Avg (March) 0.0094

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0096 0.0092 0.0094
February 0.0095 0.0091 0.0093
March 0.0097 0.0094 0.0095
April 0.0096 0.0094 0.0095
May 0.0096 0.0094 0.0095
June 0.0095 0.0091 0.0093
July 0.0094 0.0092 0.0093
August 0.0092 0.0090 0.0091
September 0.0091 0.0090 0.0090
October 0.0090 0.0089 0.0090
November 0.0092 0.0091 0.0091
December 0.0091 0.0088 0.0090