YEARLY HIGH
14.5118 MGA
YEARLY LOW
13.3962 MGA
YEARLY AVERAGE
13.9024 MGA

2013 NGN to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the NGN to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 14.5118. Conversely, the yearly low was recorded on August 29, dropping to 13.3962.

This high-to-low spread represents a total annual volatility of 1.1157 MGA. From a start-to-finish perspective, comparing the January average rate of 14.2612 to the December average rate of 14.1586, the exchange rate registered a net change of -0.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 14.5118 was up 0.17% compared to the 2012 peak of 14.4868, 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 14,511,846 MGA
2012 Average 13,797,481 MGA
Yearly Trough Low 13,396,175 MGA
Transaction Impact: A difference of 1,115,670.95 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

14.3292
13.5134
JanuMarcMayJulySeptNove

NGN to MGA 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 13.9557, compared to 13.8491 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1066 points.

H1 Avg (Jan–Jun) 13.9557
H2 Avg (Jul–Dec) 13.8491

Volatility Range Comparison

Volatility

The most volatile month in 2013 was January, with a trading range of 0.5605 MGA (High: 14.5118 / Low: 13.9514). On the other end, February was the most stable month, with a tight range of 0.1799 MGA (High: 14.0625 / Low: 13.8826).

January Spread (Volatile) ±0.5605
February Spread (Stable) ±0.1799

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.2806 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.2806

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 14.2612) against the same month in 2012 (average: 13.7644), the exchange rate shifted by +0.4968 (+3.61%).

2013 Avg (January) 14.2612
2012 Avg (January) 13.7644

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.5118 13.9514 14.2612
February 14.0625 13.8826 13.9806
March 14.2148 13.9511 14.0454
April 14.2471 13.6982 13.9227
May 13.9933 13.7271 13.8968
June 13.9227 13.4177 13.6276
July 13.7646 13.5478 13.6647
August 13.7628 13.3962 13.5814
September 14.0038 13.4629 13.6712
October 14.1087 13.7954 13.9208
November 14.2686 13.7880 14.0979
December 14.2457 13.9561 14.1586