YEARLY HIGH
0.6677 JMD
YEARLY LOW
0.5851 JMD
YEARLY AVERAGE
0.6263 JMD

2013 NGN to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the NGN to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.6677. Conversely, the yearly low was recorded on February 2, dropping to 0.5851.

This high-to-low spread represents a total annual volatility of 0.0826 JMD. From a start-to-finish perspective, comparing the January average rate of 0.5906 to the December average rate of 0.6567, the exchange rate registered a net change of 11.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.6677 was up 12.85% compared to the 2012 peak of 0.5917, 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 667,687 JMD
2012 Average 556,688 JMD
Yearly Trough Low 585,103 JMD
Transaction Impact: A difference of 82,583.88 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.6633
0.5839
JanuMarcMayJulySeptNove

NGN to JMD 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 0.6115, compared to 0.6411 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0295 points.

H1 Avg (Jan–Jun) 0.6115
H2 Avg (Jul–Dec) 0.6411

Volatility Range Comparison

Volatility

The most volatile month in 2013 was September, with a trading range of 0.0214 JMD (High: 0.6424 / Low: 0.6209). On the other end, May was the most stable month, with a tight range of 0.0048 JMD (High: 0.6260 / Low: 0.6212).

September Spread (Volatile) ±0.0214
May Spread (Stable) ±0.0048

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 0.6567) against the same month in 2012 (average: 0.5850), the exchange rate shifted by +0.0716 (+12.24%).

2013 Avg (December) 0.6567
2012 Avg (December) 0.5850

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5931 0.5854 0.5906
February 0.6045 0.5851 0.5953
March 0.6181 0.6024 0.6111
April 0.6289 0.6175 0.6247
May 0.6260 0.6212 0.6239
June 0.6313 0.6173 0.6236
July 0.6308 0.6221 0.6277
August 0.6344 0.6238 0.6297
September 0.6424 0.6209 0.6295
October 0.6588 0.6378 0.6496
November 0.6600 0.6446 0.6532
December 0.6677 0.6497 0.6567