YEARLY HIGH
0.0448 BOB
YEARLY LOW
0.0422 BOB
YEARLY AVERAGE
0.0436 BOB

2013 NGN to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the NGN to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0448. Conversely, the yearly low was recorded on September 9, dropping to 0.0422.

This high-to-low spread represents a total annual volatility of 0.0026 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0446 to the December average rate of 0.0434, the exchange rate registered a net change of -2.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.0448 was up 0.01% compared to the 2012 peak of 0.0447, 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 44,752 BOB
2012 Average 43,743 BOB
Yearly Trough Low 42,192 BOB
Transaction Impact: A difference of 2,560.28 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0447
0.0425
JanuMarcMayJulySeptNove

NGN to BOB 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 0.0441, compared to 0.0431 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0441
H2 Avg (Jul–Dec) 0.0431

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.0015 BOB (High: 0.0441 / Low: 0.0426). On the other end, February was the most stable month, with a tight range of 0.0003 BOB (High: 0.0445 / Low: 0.0442).

June Spread (Volatile) ±0.0015
February Spread (Stable) ±0.0003

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 0.0008 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 0.0446) against the same month in 2012 (average: 0.0427), the exchange rate shifted by +0.0018 (+4.26%).

2013 Avg (January) 0.0446
2012 Avg (January) 0.0427

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0448 0.0444 0.0446
February 0.0445 0.0442 0.0444
March 0.0443 0.0440 0.0441
April 0.0444 0.0439 0.0441
May 0.0444 0.0441 0.0442
June 0.0441 0.0426 0.0434
July 0.0430 0.0427 0.0429
August 0.0433 0.0425 0.0429
September 0.0432 0.0422 0.0427
October 0.0436 0.0428 0.0432
November 0.0437 0.0433 0.0435
December 0.0437 0.0429 0.0434