YEARLY HIGH
0.0990 MVR
YEARLY LOW
0.0936 MVR
YEARLY AVERAGE
0.0966 MVR

2013 NGN to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the NGN to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0990. Conversely, the yearly low was recorded on September 5, dropping to 0.0936.

This high-to-low spread represents a total annual volatility of 0.0054 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0984 to the December average rate of 0.0967, the exchange rate registered a net change of -1.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.0990 was down 0.24% compared to the 2012 peak of 0.0992, 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 99,006 MVR
2012 Average 92,700 MVR
Yearly Trough Low 93,635 MVR
Transaction Impact: A difference of 5,370.77 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0987
0.0946
JanuMarcMayJulySeptNove

NGN to MVR 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 0.0973, compared to 0.0959 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0973
H2 Avg (Jul–Dec) 0.0959

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.0035 MVR (High: 0.0978 / Low: 0.0943). On the other end, May was the most stable month, with a tight range of 0.0008 MVR (High: 0.0977 / Low: 0.0969).

June Spread (Volatile) ±0.0035
May Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between September and November, 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 May and June, when the average rate fell by 0.0013 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 0.0984) against the same month in 2012 (average: 0.0873), the exchange rate shifted by +0.0111 (+12.66%).

2013 Avg (January) 0.0984
2012 Avg (January) 0.0873

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0990 0.0980 0.0984
February 0.0984 0.0970 0.0978
March 0.0982 0.0962 0.0973
April 0.0979 0.0967 0.0972
May 0.0977 0.0969 0.0971
June 0.0978 0.0943 0.0958
July 0.0961 0.0944 0.0954
August 0.0964 0.0944 0.0955
September 0.0965 0.0936 0.0949
October 0.0969 0.0954 0.0962
November 0.0973 0.0964 0.0969
December 0.0974 0.0954 0.0967