YEARLY HIGH
0.0241 SAR
YEARLY LOW
0.0229 SAR
YEARLY AVERAGE
0.0236 SAR

2013 NGN to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the NGN to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0241. Conversely, the yearly low was recorded on September 5, dropping to 0.0229.

This high-to-low spread represents a total annual volatility of 0.0012 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0239 to the December average rate of 0.0236, the exchange rate registered a net change of -1.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.0241 was up 0.28% compared to the 2012 peak of 0.0241, 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 24,120 SAR
2012 Average 23,624 SAR
Yearly Trough Low 22,885 SAR
Transaction Impact: A difference of 1,234.83 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0240
0.0231
JanuMarcMayJulySeptNove

NGN to SAR 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 0.0237, compared to 0.0234 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0237
H2 Avg (Jul–Dec) 0.0234

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.0006 SAR (High: 0.0237 / Low: 0.0231). On the other end, November was the most stable month, with a tight range of 0.0001 SAR (High: 0.0237 / Low: 0.0236).

June Spread (Volatile) ±0.0006
November Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and May, 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 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 0.0239) against the same month in 2012 (average: 0.0232), the exchange rate shifted by +0.0007 (+2.91%).

2013 Avg (January) 0.0239
2012 Avg (January) 0.0232

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0241 0.0238 0.0239
February 0.0239 0.0237 0.0238
March 0.0238 0.0236 0.0237
April 0.0239 0.0235 0.0237
May 0.0238 0.0237 0.0237
June 0.0237 0.0231 0.0234
July 0.0234 0.0231 0.0233
August 0.0235 0.0230 0.0233
September 0.0235 0.0229 0.0232
October 0.0236 0.0232 0.0234
November 0.0237 0.0236 0.0236
December 0.0237 0.0233 0.0236