2013 NGN to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2013.
2013 NGN to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2013
During 2013, the NGN to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on April 9, valuing the pair at 7.2377. Conversely, the yearly low was recorded on December 30, dropping to 6.5460.
This high-to-low spread represents a total annual volatility of 0.6917 KRW. From a start-to-finish perspective, comparing the January average rate of 6.7955 to the December average rate of 6.6388, the exchange rate registered a net change of -2.31% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2013 high of 7.2377 was down 2.46% compared to the 2012 peak of 7.4202, indicating shifts in long-term support levels.
Comparing the value generated converting 1,000,000 NGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2013.
NGN to KRW Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 6.9810, compared to 6.7706 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2105 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2013 was May, with a trading range of 0.2664 KRW (High: 7.1461 / Low: 6.8797). On the other end, October was the most stable month, with a tight range of 0.0850 KRW (High: 6.7177 / Low: 6.6327).
Growth Streaks & Declines
TrendsBetween 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 August and September, when the average rate fell by 0.2371 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2013: 7.0916) against the same month in 2012 (average: 7.2130), the exchange rate shifted by -0.1214 (-1.68%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6.9277 | 6.7266 | 6.7955 |
| February | 6.9756 | 6.8490 | 6.9078 |
| March | 7.0749 | 6.8574 | 6.9676 |
| April | 7.2377 | 6.9885 | 7.0916 |
| May | 7.1461 | 6.8797 | 7.0383 |
| June | 7.2180 | 6.9648 | 7.0855 |
| July | 7.1145 | 6.9134 | 6.9907 |
| August | 7.0302 | 6.8305 | 6.9345 |
| September | 6.8236 | 6.6491 | 6.6974 |
| October | 6.7177 | 6.6327 | 6.6703 |
| November | 6.7485 | 6.6398 | 6.6918 |
| December | 6.6985 | 6.5460 | 6.6388 |