YEARLY HIGH
0.8279 ISK
YEARLY LOW
0.7168 ISK
YEARLY AVERAGE
0.7670 ISK

2013 NGN to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the NGN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.8279. Conversely, the yearly low was recorded on December 30, dropping to 0.7168.

This high-to-low spread represents a total annual volatility of 0.1111 ISK. From a start-to-finish perspective, comparing the January average rate of 0.8199 to the December average rate of 0.7371, the exchange rate registered a net change of -10.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.8279 was up 0.17% compared to the 2012 peak of 0.8265, 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 827,916 ISK
2012 Average 788,017 ISK
Yearly Trough Low 716,830 ISK
Transaction Impact: A difference of 111,086.01 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.8281
0.7288
JanuMarcMayJulySeptNove

NGN to ISK 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 0.7827, compared to 0.7513 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0314 points.

H1 Avg (Jan–Jun) 0.7827
H2 Avg (Jul–Dec) 0.7513

Volatility Range Comparison

Volatility

The most volatile month in 2013 was May, with a trading range of 0.0505 ISK (High: 0.7842 / Low: 0.7337). On the other end, August was the most stable month, with a tight range of 0.0093 ISK (High: 0.7475 / Low: 0.7381).

May Spread (Volatile) ±0.0505
August Spread (Stable) ±0.0093

Growth Streaks & Declines

Trends

Between August and November, 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 March and April, when the average rate fell by 0.0372 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0372

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 0.8199) against the same month in 2012 (average: 0.7664), the exchange rate shifted by +0.0535 (+6.98%).

2013 Avg (January) 0.8199
2012 Avg (January) 0.7664

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8279 0.8098 0.8199
February 0.8244 0.7964 0.8108
March 0.8017 0.7810 0.7894
April 0.7833 0.7363 0.7522
May 0.7842 0.7337 0.7638
June 0.7763 0.7435 0.7604
July 0.7851 0.7425 0.7610
August 0.7475 0.7381 0.7431
September 0.7591 0.7365 0.7463
October 0.7617 0.7485 0.7550
November 0.7732 0.7566 0.7654
December 0.7578 0.7168 0.7371