YEARLY HIGH
0.4198 INR
YEARLY LOW
0.3367 INR
YEARLY AVERAGE
0.3673 INR

2013 NGN to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the NGN to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 28, valuing the pair at 0.4198. Conversely, the yearly low was recorded on February 7, dropping to 0.3367.

This high-to-low spread represents a total annual volatility of 0.0830 INR. From a start-to-finish perspective, comparing the January average rate of 0.3461 to the December average rate of 0.3886, the exchange rate registered a net change of 12.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.4198 was up 17.84% compared to the 2012 peak of 0.3562, 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 419,775 INR
2012 Average 336,305 INR
Yearly Trough Low 336,735 INR
Transaction Impact: A difference of 83,039.99 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.3993
0.3367
JanuMarcMayJulySeptNove

NGN to INR 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 0.3477, compared to 0.3870 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0393 points.

H1 Avg (Jan–Jun) 0.3477
H2 Avg (Jul–Dec) 0.3870

Volatility Range Comparison

Volatility

The most volatile month in 2013 was August, with a trading range of 0.0412 INR (High: 0.4198 / Low: 0.3785). On the other end, October was the most stable month, with a tight range of 0.0079 INR (High: 0.3880 / Low: 0.3801).

August Spread (Volatile) ±0.0412
October Spread (Stable) ±0.0079

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0097 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0097

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2013: 0.3900) against the same month in 2012 (average: 0.3497), the exchange rate shifted by +0.0402 (+11.50%).

2013 Avg (August) 0.3900
2012 Avg (August) 0.3497

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3516 0.3391 0.3461
February 0.3461 0.3367 0.3419
March 0.3489 0.3403 0.3436
April 0.3484 0.3391 0.3435
May 0.3568 0.3395 0.3475
June 0.3748 0.3556 0.3635
July 0.3784 0.3669 0.3710
August 0.4198 0.3785 0.3900
September 0.4151 0.3847 0.3940
October 0.3880 0.3801 0.3844
November 0.4008 0.3884 0.3941
December 0.3938 0.3838 0.3886