2013 NGN to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2013.
2013 NGN to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2013
During 2013, the NGN to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 4.2710. Conversely, the yearly low was recorded on June 24, dropping to 3.9429.
This high-to-low spread represents a total annual volatility of 0.3281 RWF. From a start-to-finish perspective, comparing the January average rate of 3.9731 to the December average rate of 4.2362, the exchange rate registered a net change of 6.62% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2013 high of 4.2710 was up 6.51% compared to the 2012 peak of 4.0101, indicating shifts in long-term support levels.
Comparing the value generated converting 1,000,000 NGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2013.
NGN to RWF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 4.0252, compared to 4.1318 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1065 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2013 was September, with a trading range of 0.2041 RWF (High: 4.2026 / Low: 3.9985). On the other end, July was the most stable month, with a tight range of 0.0375 RWF (High: 4.0482 / Low: 4.0107).
Growth Streaks & Declines
TrendsBetween 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 May and June, when the average rate fell by 0.0295 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2013: 4.2362) against the same month in 2012 (average: 3.9627), the exchange rate shifted by +0.2735 (+6.90%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.0402 | 3.9479 | 3.9731 |
| February | 4.0284 | 3.9479 | 3.9748 |
| March | 4.1016 | 3.9923 | 4.0354 |
| April | 4.0926 | 3.9762 | 4.0348 |
| May | 4.1092 | 3.9908 | 4.0814 |
| June | 4.1045 | 3.9429 | 4.0519 |
| July | 4.0482 | 4.0107 | 4.0320 |
| August | 4.0598 | 3.9988 | 4.0274 |
| September | 4.2026 | 3.9985 | 4.0650 |
| October | 4.2454 | 4.1487 | 4.1943 |
| November | 4.2631 | 4.1865 | 4.2356 |
| December | 4.2710 | 4.2025 | 4.2362 |