YEARLY HIGH
10.0293 BIF
YEARLY LOW
9.4030 BIF
YEARLY AVERAGE
9.7333 BIF

2013 NGN to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the NGN to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 10.0293. Conversely, the yearly low was recorded on September 5, dropping to 9.4030.

This high-to-low spread represents a total annual volatility of 0.6264 BIF. From a start-to-finish perspective, comparing the January average rate of 9.6727 to the December average rate of 9.7194, the exchange rate registered a net change of 0.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 10.0293 was up 1.56% compared to the 2012 peak of 9.8750, 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 10,029,339 BIF
2012 Average 8,843,964 BIF
Yearly Trough Low 9,402,974 BIF
Transaction Impact: A difference of 626,364.87 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

9.9977
9.4632
JanuMarcMayJulySeptNove

NGN to BIF 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 9.8386, compared to 9.6281 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2105 points.

H1 Avg (Jan–Jun) 9.8386
H2 Avg (Jul–Dec) 9.6281

Volatility Range Comparison

Volatility

The most volatile month in 2013 was March, with a trading range of 0.4624 BIF (High: 9.9733 / Low: 9.5109). On the other end, November was the most stable month, with a tight range of 0.0676 BIF (High: 9.7829 / Low: 9.7154).

March Spread (Volatile) ±0.4624
November Spread (Stable) ±0.0676

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 0.2349 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2349

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2013: 9.9531) against the same month in 2012 (average: 8.2043), the exchange rate shifted by +1.7488 (+21.32%).

2013 Avg (February) 9.9531
2012 Avg (February) 8.2043

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.9484 9.5791 9.6727
February 10.0293 9.7765 9.9531
March 9.9733 9.5109 9.8330
April 10.0073 9.8461 9.9312
May 10.0099 9.7969 9.9381
June 9.8147 9.5379 9.7032
July 9.6534 9.5368 9.5933
August 9.6315 9.4380 9.5503
September 9.6437 9.4030 9.5077
October 9.7572 9.5346 9.6450
November 9.7829 9.7154 9.7528
December 9.8027 9.6218 9.7194