YEARLY HIGH
1.1404 DJF
YEARLY LOW
1.0863 DJF
YEARLY AVERAGE
1.1149 DJF

2013 NGN to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the NGN to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 1.1404. Conversely, the yearly low was recorded on September 9, dropping to 1.0863.

This high-to-low spread represents a total annual volatility of 0.0540 DJF. From a start-to-finish perspective, comparing the January average rate of 1.1316 to the December average rate of 1.1192, the exchange rate registered a net change of -1.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 1.1404 was down 0.32% compared to the 2012 peak of 1.1440, 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 1,140,359 DJF
2012 Average 1,123,120 DJF
Yearly Trough Low 1,086,329 DJF
Transaction Impact: A difference of 54,029.47 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

1.1351
1.0936
JanuMarcMayJulySeptNove

NGN to DJF 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 1.1216, compared to 1.1081 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0135 points.

H1 Avg (Jan–Jun) 1.1216
H2 Avg (Jul–Dec) 1.1081

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.0309 DJF (High: 1.1242 / Low: 1.0933). On the other end, May was the most stable month, with a tight range of 0.0076 DJF (High: 1.1269 / Low: 1.1193).

June Spread (Volatile) ±0.0309
May Spread (Stable) ±0.0076

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0147 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0147

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 1.1316) against the same month in 2012 (average: 1.1052), the exchange rate shifted by +0.0264 (+2.38%).

2013 Avg (January) 1.1316
2012 Avg (January) 1.1052

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1404 1.1270 1.1316
February 1.1307 1.1184 1.1271
March 1.1266 1.1150 1.1198
April 1.1261 1.1144 1.1203
May 1.1269 1.1193 1.1228
June 1.1242 1.0933 1.1082
July 1.1090 1.0928 1.1027
August 1.1124 1.0914 1.1033
September 1.1108 1.0863 1.0971
October 1.1180 1.0981 1.1084
November 1.1250 1.1137 1.1179
December 1.1281 1.1041 1.1192