YEARLY HIGH
0.5449 CVE
YEARLY LOW
0.4948 CVE
YEARLY AVERAGE
0.5208 CVE

2013 NGN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the NGN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 0.5449. Conversely, the yearly low was recorded on December 30, dropping to 0.4948.

This high-to-low spread represents a total annual volatility of 0.0501 CVE. From a start-to-finish perspective, comparing the January average rate of 0.5294 to the December average rate of 0.5046, the exchange rate registered a net change of -4.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.5449 was down 5.22% compared to the 2012 peak of 0.5749, 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 544,893 CVE
2012 Average 541,566 CVE
Yearly Trough Low 494,839 CVE
Transaction Impact: A difference of 50,054.19 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.5408
0.4996
JanuMarcMayJulySeptNove

NGN to CVE 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 0.5311, compared to 0.5105 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0206 points.

H1 Avg (Jan–Jun) 0.5311
H2 Avg (Jul–Dec) 0.5105

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.0251 CVE (High: 0.5368 / Low: 0.5117). On the other end, November was the most stable month, with a tight range of 0.0062 CVE (High: 0.5158 / Low: 0.5096).

June Spread (Volatile) ±0.0251
November Spread (Stable) ±0.0062

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 0.0151 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0151

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2013: 0.5359) against the same month in 2012 (average: 0.5328), the exchange rate shifted by +0.0032 (+0.60%).

2013 Avg (April) 0.5359
2012 Avg (April) 0.5328

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5383 0.5192 0.5294
February 0.5311 0.5150 0.5242
March 0.5442 0.5278 0.5374
April 0.5449 0.5291 0.5359
May 0.5439 0.5312 0.5373
June 0.5368 0.5117 0.5222
July 0.5339 0.5125 0.5234
August 0.5201 0.5058 0.5131
September 0.5096 0.5017 0.5059
October 0.5064 0.5001 0.5030
November 0.5158 0.5096 0.5130
December 0.5115 0.4948 0.5046