2013 NGN to VEF Historical Review

YEARLY HIGH

0.0400 VEF

YEARLY LOW

0.0270 VEF

YEARLY AVERAGE

0.0366 VEF

2013 NGN to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the NGN to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 6, valuing the pair at 0.0400. Conversely, the yearly low was recorded on March 19, dropping to 0.0270.

This high-to-low spread represents a total annual volatility of 0.0131 VEF. From a start-to-finish perspective, comparing the January average rate of 0.0274 to the December average rate of 0.0395, the exchange rate registered a net change of 44.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.0400 was up 45.33% compared to the 2012 peak of 0.0276, 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 40,037 VEF

2012 Average 27,048 VEF

Yearly Trough Low 26,979 VEF

Transaction Impact: A difference of 13,057.97 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0411

0.0260

JanuMarcMayJulySeptNove

NGN to VEF 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 0.0339, compared to 0.0393 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 0.0339

H2 Avg (Jul–Dec) 0.0393

Volatility Range Comparison

Volatility

The most volatile month in 2013 was March, with a trading range of 0.0128 VEF (High: 0.0398 / Low: 0.0270). On the other end, November was the most stable month, with a tight range of 0.0002 VEF (High: 0.0398 / Low: 0.0395).

March Spread (Volatile) ±0.0128

November Spread (Stable) ±0.0002

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 May and June, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2013: 0.0398) against the same month in 2012 (average: 0.0273), the exchange rate shifted by +0.0125 (+45.78%).

2013 Avg (April) 0.0398

2012 Avg (April) 0.0273

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0276	0.0273	0.0274
February	0.0273	0.0271	0.0273
March	0.0398	0.0270	0.0300
April	0.0400	0.0395	0.0398
May	0.0400	0.0397	0.0398
June	0.0398	0.0387	0.0393
July	0.0393	0.0388	0.0391
August	0.0394	0.0386	0.0391
September	0.0394	0.0384	0.0388
October	0.0397	0.0390	0.0393
November	0.0398	0.0395	0.0396
December	0.0398	0.0390	0.0395