YEARLY HIGH
0.0170 LTL
YEARLY LOW
0.0155 LTL
YEARLY AVERAGE
0.0163 LTL

2013 NGN to LTL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the NGN to LTL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 0.0170. Conversely, the yearly low was recorded on December 30, dropping to 0.0155.

This high-to-low spread represents a total annual volatility of 0.0015 LTL. From a start-to-finish perspective, comparing the January average rate of 0.0166 to the December average rate of 0.0158, the exchange rate registered a net change of -4.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.0170 was down 5.11% compared to the 2012 peak of 0.0179, 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 17,023 LTL
2012 Average 16,926 LTL
Yearly Trough Low 15,538 LTL
Transaction Impact: A difference of 1,484.68 LTL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0169
0.0157
JanuMarcMayJulySeptNove

NGN to LTL 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 0.0166, compared to 0.0160 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0166
H2 Avg (Jul–Dec) 0.0160

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.0008 LTL (High: 0.0168 / Low: 0.0160). On the other end, October was the most stable month, with a tight range of 0.0002 LTL (High: 0.0160 / Low: 0.0157).

June Spread (Volatile) ±0.0008
October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0005 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2013: 0.0168) against the same month in 2012 (average: 0.0166), the exchange rate shifted by +0.0002 (+1.39%).

2013 Avg (March) 0.0168
2012 Avg (March) 0.0166

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0169 0.0162 0.0166
February 0.0167 0.0161 0.0164
March 0.0170 0.0167 0.0168
April 0.0170 0.0166 0.0168
May 0.0170 0.0166 0.0168
June 0.0168 0.0160 0.0164
July 0.0167 0.0162 0.0164
August 0.0163 0.0160 0.0161
September 0.0161 0.0158 0.0160
October 0.0160 0.0157 0.0158
November 0.0163 0.0160 0.0161
December 0.0161 0.0155 0.0158