YEARLY HIGH
0.0049 EUR
YEARLY LOW
0.0045 EUR
YEARLY AVERAGE
0.0047 EUR

2013 NGN to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the NGN to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 0.0049. Conversely, the yearly low was recorded on December 30, dropping to 0.0045.

This high-to-low spread represents a total annual volatility of 0.0004 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0048 to the December average rate of 0.0046, the exchange rate registered a net change of -4.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.0049 was down 4.94% compared to the 2012 peak of 0.0052, 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 4,931 EUR
2012 Average 4,901 EUR
Yearly Trough Low 4,497 EUR
Transaction Impact: A difference of 433.93 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0049
0.0046
JanuMarcMayJulySeptNove

NGN to EUR 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 0.0048, compared to 0.0046 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0048
H2 Avg (Jul–Dec) 0.0046

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.0002 EUR (High: 0.0049 / Low: 0.0046). On the other end, October was the most stable month, with a tight range of 0.0001 EUR (High: 0.0046 / Low: 0.0046).

June Spread (Volatile) ±0.0002
October Spread (Stable) ±0.0001

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 0.0001 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2013: 0.0049) against the same month in 2012 (average: 0.0048), the exchange rate shifted by +0.0001 (+1.45%).

2013 Avg (March) 0.0049
2012 Avg (March) 0.0048

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0049 0.0047 0.0048
February 0.0049 0.0047 0.0048
March 0.0049 0.0048 0.0049
April 0.0049 0.0048 0.0049
May 0.0049 0.0048 0.0049
June 0.0049 0.0046 0.0047
July 0.0048 0.0047 0.0047
August 0.0047 0.0046 0.0047
September 0.0047 0.0046 0.0046
October 0.0046 0.0046 0.0046
November 0.0047 0.0046 0.0047
December 0.0047 0.0045 0.0046