YEARLY HIGH
0.0842 SCR
YEARLY LOW
0.0731 SCR
YEARLY AVERAGE
0.0759 SCR

2013 NGN to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the NGN to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0842. Conversely, the yearly low was recorded on March 21, dropping to 0.0731.

This high-to-low spread represents a total annual volatility of 0.0111 SCR. From a start-to-finish perspective, comparing the January average rate of 0.0830 to the December average rate of 0.0758, the exchange rate registered a net change of -8.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.0842 was down 9.92% compared to the 2012 peak of 0.0934, 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 84,170 SCR
2012 Average 86,454 SCR
Yearly Trough Low 73,091 SCR
Transaction Impact: A difference of 11,079.67 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0839
0.0731
JanuMarcMayJulySeptNove

NGN to SCR 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 0.0768, compared to 0.0751 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0768
H2 Avg (Jul–Dec) 0.0751

Volatility Range Comparison

Volatility

The most volatile month in 2013 was March, with a trading range of 0.0052 SCR (High: 0.0783 / Low: 0.0731). On the other end, April was the most stable month, with a tight range of 0.0008 SCR (High: 0.0744 / Low: 0.0736).

March Spread (Volatile) ±0.0052
April Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between June and August, 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 February and March, when the average rate fell by 0.0054 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 0.0830) against the same month in 2012 (average: 0.0860), the exchange rate shifted by -0.0030 (-3.52%).

2013 Avg (January) 0.0830
2012 Avg (January) 0.0860

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0842 0.0813 0.0830
February 0.0813 0.0779 0.0802
March 0.0783 0.0731 0.0748
April 0.0744 0.0736 0.0740
May 0.0753 0.0740 0.0745
June 0.0748 0.0732 0.0740
July 0.0750 0.0734 0.0743
August 0.0752 0.0735 0.0746
September 0.0754 0.0733 0.0743
October 0.0761 0.0747 0.0754
November 0.0769 0.0754 0.0759
December 0.0766 0.0749 0.0758