YEARLY HIGH
0.0134 TRY
YEARLY LOW
0.0111 TRY
YEARLY AVERAGE
0.0120 TRY

2013 NGN to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the NGN to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0134. Conversely, the yearly low was recorded on February 3, dropping to 0.0111.

This high-to-low spread represents a total annual volatility of 0.0023 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0113 to the December average rate of 0.0130, the exchange rate registered a net change of 15.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.0134 was up 13.99% compared to the 2012 peak of 0.0118, 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 13,421 TRY
2012 Average 11,342 TRY
Yearly Trough Low 11,129 TRY
Transaction Impact: A difference of 2,292.89 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0132
0.0111
JanuMarcMayJulySeptNove

NGN to TRY 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 0.0115, compared to 0.0125 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0115
H2 Avg (Jul–Dec) 0.0125

Volatility Range Comparison

Volatility

The most volatile month in 2013 was December, with a trading range of 0.0007 TRY (High: 0.0134 / Low: 0.0127). On the other end, March was the most stable month, with a tight range of 0.0001 TRY (High: 0.0115 / Low: 0.0114).

December Spread (Volatile) ±0.0007
March Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and September, 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 March and April, when the average rate fell by 0.0001 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 0.0130) against the same month in 2012 (average: 0.0114), the exchange rate shifted by +0.0016 (+14.22%).

2013 Avg (December) 0.0130
2012 Avg (December) 0.0114

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0114 0.0112 0.0113
February 0.0115 0.0111 0.0113
March 0.0115 0.0114 0.0114
April 0.0114 0.0113 0.0114
May 0.0118 0.0113 0.0115
June 0.0121 0.0115 0.0118
July 0.0122 0.0118 0.0120
August 0.0126 0.0120 0.0122
September 0.0127 0.0122 0.0125
October 0.0125 0.0123 0.0124
November 0.0129 0.0126 0.0127
December 0.0134 0.0127 0.0130