YEARLY HIGH
0.0423 SEK
YEARLY LOW
0.0394 SEK
YEARLY AVERAGE
0.0409 SEK

2013 NGN to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the NGN to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 18, valuing the pair at 0.0423. Conversely, the yearly low was recorded on September 19, dropping to 0.0394.

This high-to-low spread represents a total annual volatility of 0.0029 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0414 to the December average rate of 0.0411, the exchange rate registered a net change of -0.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.0423 was down 6.96% compared to the 2012 peak of 0.0455, 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 42,316 SEK
2012 Average 42,659 SEK
Yearly Trough Low 39,387 SEK
Transaction Impact: A difference of 2,929.29 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0420
0.0399
JanuMarcMayJulySeptNove

NGN to SEK 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 0.0411, compared to 0.0407 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) 0.0411
H2 Avg (Jul–Dec) 0.0407

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.0021 SEK (High: 0.0418 / Low: 0.0398). On the other end, February was the most stable month, with a tight range of 0.0008 SEK (High: 0.0409 / Low: 0.0401).

June Spread (Volatile) ±0.0021
February Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0009 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2013: 0.0418) against the same month in 2012 (average: 0.0444), the exchange rate shifted by -0.0026 (-5.77%).

2013 Avg (May) 0.0418
2012 Avg (May) 0.0444

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0419 0.0405 0.0414
February 0.0409 0.0401 0.0405
March 0.0412 0.0402 0.0407
April 0.0417 0.0403 0.0410
May 0.0423 0.0410 0.0418
June 0.0418 0.0398 0.0411
July 0.0421 0.0402 0.0411
August 0.0414 0.0401 0.0406
September 0.0407 0.0394 0.0401
October 0.0406 0.0394 0.0401
November 0.0419 0.0410 0.0415
December 0.0416 0.0399 0.0411