YEARLY HIGH
0.0042 GIP
YEARLY LOW
0.0038 GIP
YEARLY AVERAGE
0.0040 GIP

2013 NGN to GIP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the NGN to GIP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 28, valuing the pair at 0.0042. Conversely, the yearly low was recorded on December 30, dropping to 0.0038.

This high-to-low spread represents a total annual volatility of 0.0004 GIP. From a start-to-finish perspective, comparing the January average rate of 0.0040 to the December average rate of 0.0038, the exchange rate registered a net change of -3.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.0042 was up 3.30% compared to the 2012 peak of 0.0041, 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 4,193 GIP
2012 Average 3,972 GIP
Yearly Trough Low 3,762 GIP
Transaction Impact: A difference of 430.41 GIP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0042
0.0038
JanuMarcMayJulySeptNove

NGN to GIP 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 0.0040, compared to 0.0039 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0040
H2 Avg (Jul–Dec) 0.0039

Volatility Range Comparison

Volatility

The most volatile month in 2013 was April, with a trading range of 0.0002 GIP (High: 0.0042 / Low: 0.0039). On the other end, March was the most stable month, with a tight range of 0.0000 GIP (High: 0.0040 / Low: 0.0039).

April Spread (Volatile) ±0.0002
March Spread (Stable) ±0.0000

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 August and September, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2013: 0.0041) against the same month in 2012 (average: 0.0040), the exchange rate shifted by +0.0002 (+4.29%).

2013 Avg (May) 0.0041
2012 Avg (May) 0.0040

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0040 0.0040 0.0040
February 0.0041 0.0039 0.0040
March 0.0040 0.0039 0.0040
April 0.0042 0.0039 0.0041
May 0.0042 0.0041 0.0041
June 0.0042 0.0039 0.0040
July 0.0042 0.0040 0.0041
August 0.0041 0.0040 0.0040
September 0.0040 0.0038 0.0039
October 0.0039 0.0038 0.0039
November 0.0040 0.0039 0.0039
December 0.0039 0.0038 0.0038