2013 NGN to XOF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2013.
2013 NGN to XOF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2013
During 2013, the NGN to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 27, valuing the pair at 3.2334. Conversely, the yearly low was recorded on December 30, dropping to 2.9537.
This high-to-low spread represents a total annual volatility of 0.2797 XOF. From a start-to-finish perspective, comparing the January average rate of 3.1484 to the December average rate of 3.0111, the exchange rate registered a net change of -4.36% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2013 high of 3.2334 was down 4.92% compared to the 2012 peak of 3.4007, indicating shifts in long-term support levels.
Comparing the value generated converting 1,000,000 NGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2013.
NGN to XOF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3.1584, compared to 3.0483 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1101 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2013 was June, with a trading range of 0.1514 XOF (High: 3.1902 / Low: 3.0388). On the other end, October was the most stable month, with a tight range of 0.0432 XOF (High: 3.0357 / Low: 2.9925).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0922 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2013: 3.1954) against the same month in 2012 (average: 3.1516), the exchange rate shifted by +0.0437 (+1.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.2119 | 3.0796 | 3.1484 |
| February | 3.1742 | 3.0572 | 3.1180 |
| March | 3.2334 | 3.1662 | 3.1954 |
| April | 3.2315 | 3.1539 | 3.1841 |
| May | 3.2324 | 3.1507 | 3.1984 |
| June | 3.1902 | 3.0388 | 3.1062 |
| July | 3.1636 | 3.0749 | 3.1121 |
| August | 3.0982 | 3.0330 | 3.0596 |
| September | 3.0582 | 3.0110 | 3.0355 |
| October | 3.0357 | 2.9925 | 3.0091 |
| November | 3.0875 | 3.0437 | 3.0623 |
| December | 3.0551 | 2.9537 | 3.0111 |