YEARLY HIGH
0.8884 SYP
YEARLY LOW
0.4316 SYP
YEARLY AVERAGE
0.5997 SYP

2013 NGN to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the NGN to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.8884. Conversely, the yearly low was recorded on June 30, dropping to 0.4316.

This high-to-low spread represents a total annual volatility of 0.4568 SYP. From a start-to-finish perspective, comparing the January average rate of 0.4524 to the December average rate of 0.8838, the exchange rate registered a net change of 95.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.8884 was up 95.49% compared to the 2012 peak of 0.4545, 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 888,430 SYP
2012 Average 397,898 SYP
Yearly Trough Low 431,609 SYP
Transaction Impact: A difference of 456,821.20 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.9286
0.3905
JanuMarcMayJulySeptNove

NGN to SYP 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 0.4459, compared to 0.7534 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3075 points.

H1 Avg (Jan–Jun) 0.4459
H2 Avg (Jul–Dec) 0.7534

Volatility Range Comparison

Volatility

The most volatile month in 2013 was August, with a trading range of 0.2626 SYP (High: 0.7008 / Low: 0.4381). On the other end, May was the most stable month, with a tight range of 0.0032 SYP (High: 0.4458 / Low: 0.4426).

August Spread (Volatile) ±0.2626
May Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0061 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 0.8838) against the same month in 2012 (average: 0.4517), the exchange rate shifted by +0.4321 (+95.65%).

2013 Avg (December) 0.8838
2012 Avg (December) 0.4517

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4545 0.4510 0.4524
February 0.4522 0.4476 0.4506
March 0.4487 0.4451 0.4465
April 0.4473 0.4406 0.4443
May 0.4458 0.4426 0.4438
June 0.4437 0.4316 0.4377
July 0.4375 0.4320 0.4354
August 0.7008 0.4381 0.6688
September 0.8406 0.6959 0.7913
October 0.8720 0.8427 0.8614
November 0.8836 0.8754 0.8800
December 0.8884 0.8739 0.8838