2013 NGN to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2013.
2013 NGN to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2013
During 2013, the NGN to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 12.2636. Conversely, the yearly low was recorded on January 15, dropping to 11.2241.
This high-to-low spread represents a total annual volatility of 1.0395 COP. From a start-to-finish perspective, comparing the January average rate of 11.2872 to the December average rate of 12.1467, the exchange rate registered a net change of 7.61% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2013 high of 12.2636 was up 2.31% compared to the 2012 peak of 11.9865, indicating shifts in long-term support levels.
Comparing the value generated converting 1,000,000 NGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2013.
NGN to COP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 11.5505, compared to 11.9224 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3718 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2013 was June, with a trading range of 0.4873 COP (High: 12.1224 / Low: 11.6350). On the other end, January was the most stable month, with a tight range of 0.1150 COP (High: 11.3391 / Low: 11.2241).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.1137 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2013: 12.1467) against the same month in 2012 (average: 11.4055), the exchange rate shifted by +0.7412 (+6.50%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.3391 | 11.2241 | 11.2872 |
| February | 11.5215 | 11.2921 | 11.3804 |
| March | 11.5476 | 11.3178 | 11.4485 |
| April | 11.6420 | 11.4949 | 11.5656 |
| May | 11.9937 | 11.5577 | 11.7075 |
| June | 12.1224 | 11.6350 | 11.9141 |
| July | 11.9772 | 11.6345 | 11.8004 |
| August | 11.9586 | 11.6735 | 11.8297 |
| September | 11.9463 | 11.7413 | 11.8662 |
| October | 11.8743 | 11.6862 | 11.7859 |
| November | 12.2029 | 11.9202 | 12.1053 |
| December | 12.2636 | 11.9531 | 12.1467 |