YEARLY HIGH
1.9346 MRO
YEARLY LOW
1.6619 MRO
YEARLY AVERAGE
1.8442 MRO

2013 NGN to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the NGN to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.9346. Conversely, the yearly low was recorded on April 29, dropping to 1.6619.

This high-to-low spread represents a total annual volatility of 0.2727 MRO. From a start-to-finish perspective, comparing the January average rate of 1.9216 to the December average rate of 1.8324, the exchange rate registered a net change of -4.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 1.9346 was down 0.01% compared to the 2012 peak of 1.9348, 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 1,934,563 MRO
2012 Average 1,858,797 MRO
Yearly Trough Low 1,661,869 MRO
Transaction Impact: A difference of 272,693.61 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

1.9407
1.7116
JanuMarcMayJulySeptNove

NGN to MRO 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 1.8356, compared to 1.8527 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0171 points.

H1 Avg (Jan–Jun) 1.8356
H2 Avg (Jul–Dec) 1.8527

Volatility Range Comparison

Volatility

The most volatile month in 2013 was May, with a trading range of 0.2320 MRO (High: 1.9034 / Low: 1.6714). On the other end, January was the most stable month, with a tight range of 0.0260 MRO (High: 1.9346 / Low: 1.9086).

May Spread (Volatile) ±0.2320
January Spread (Stable) ±0.0260

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0938 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0938

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 1.9216) against the same month in 2012 (average: 1.7871), the exchange rate shifted by +0.1345 (+7.53%).

2013 Avg (January) 1.9216
2012 Avg (January) 1.7871

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9346 1.9086 1.9216
February 1.9148 1.8740 1.9028
March 1.8761 1.7490 1.8245
April 1.7700 1.6619 1.7307
May 1.9034 1.6714 1.7711
June 1.8874 1.8307 1.8632
July 1.8918 1.8074 1.8479
August 1.8865 1.8164 1.8667
September 1.8774 1.7774 1.8176
October 1.9004 1.8147 1.8735
November 1.9119 1.8376 1.8782
December 1.8488 1.8113 1.8324