YEARLY HIGH
0.5132 LRD
YEARLY LOW
0.4602 LRD
YEARLY AVERAGE
0.4813 LRD

2013 NGN to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the NGN to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 0.5132. Conversely, the yearly low was recorded on June 30, dropping to 0.4602.

This high-to-low spread represents a total annual volatility of 0.0530 LRD. From a start-to-finish perspective, comparing the January average rate of 0.4720 to the December average rate of 0.5078, the exchange rate registered a net change of 7.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.5132 was up 8.52% compared to the 2012 peak of 0.4729, 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 513,203 LRD
2012 Average 464,194 LRD
Yearly Trough Low 460,206 LRD
Transaction Impact: A difference of 52,996.65 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.5119
0.4621
JanuMarcMayJulySeptNove

NGN to LRD 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 0.4712, compared to 0.4913 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0201 points.

H1 Avg (Jan–Jun) 0.4712
H2 Avg (Jul–Dec) 0.4913

Volatility Range Comparison

Volatility

The most volatile month in 2013 was September, with a trading range of 0.0233 LRD (High: 0.4932 / Low: 0.4699). On the other end, February was the most stable month, with a tight range of 0.0047 LRD (High: 0.4743 / Low: 0.4696).

September Spread (Volatile) ±0.0233
February Spread (Stable) ±0.0047

Growth Streaks & Declines

Trends

Between July and December, 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 May and June, when the average rate fell by 0.0038 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 0.5078) against the same month in 2012 (average: 0.4651), the exchange rate shifted by +0.0427 (+9.17%).

2013 Avg (December) 0.5078
2012 Avg (December) 0.4651

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4756 0.4626 0.4720
February 0.4743 0.4696 0.4721
March 0.4730 0.4664 0.4694
April 0.4739 0.4674 0.4710
May 0.4794 0.4694 0.4734
June 0.4783 0.4602 0.4696
July 0.4715 0.4623 0.4662
August 0.4880 0.4698 0.4803
September 0.4932 0.4699 0.4850
October 0.5084 0.4876 0.5011
November 0.5110 0.5051 0.5077
December 0.5132 0.5006 0.5078