YEARLY HIGH
45.6669 GNF
YEARLY LOW
42.3536 GNF
YEARLY AVERAGE
44.0972 GNF

2013 NGN to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the NGN to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 45.6669. Conversely, the yearly low was recorded on September 11, dropping to 42.3536.

This high-to-low spread represents a total annual volatility of 3.3133 GNF. From a start-to-finish perspective, comparing the January average rate of 45.3101 to the December average rate of 43.8015, the exchange rate registered a net change of -3.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 45.6669 was up 0.14% compared to the 2012 peak of 45.6038, 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 45,666,895 GNF
2012 Average 44,392,110 GNF
Yearly Trough Low 42,353,591 GNF
Transaction Impact: A difference of 3,313,304.56 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

45.5540
42.6270
JanuMarcMayJulySeptNove

NGN to GNF 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 44.7371, compared to 43.4572 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2800 points.

H1 Avg (Jan–Jun) 44.7371
H2 Avg (Jul–Dec) 43.4572

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 1.8791 GNF (High: 44.3943 / Low: 42.5153). On the other end, November was the most stable month, with a tight range of 0.8499 GNF (High: 44.3342 / Low: 43.4843).

June Spread (Volatile) ±1.8791
November Spread (Stable) ±0.8499

Growth Streaks & Declines

Trends

Between September and November, 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 May and June, when the average rate fell by 1.0826 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.0826

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 45.3101) against the same month in 2012 (average: 43.1150), the exchange rate shifted by +2.1951 (+5.09%).

2013 Avg (January) 45.3101
2012 Avg (January) 43.1150

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 45.6669 44.6939 45.3101
February 45.4439 44.1096 45.0159
March 45.3786 44.4125 44.9382
April 45.5435 44.3839 44.7638
May 45.1187 44.2163 44.7387
June 44.3943 42.5153 43.6561
July 43.5281 42.6270 43.1601
August 43.8290 42.7226 43.3064
September 43.7024 42.3536 42.8710
October 44.2235 42.9006 43.5887
November 44.3342 43.4843 44.0155
December 44.1755 43.2236 43.8015