YEARLY HIGH
1.3822 YER
YEARLY LOW
1.3117 YER
YEARLY AVERAGE
1.3502 YER

2013 NGN to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the NGN to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 1.3822. Conversely, the yearly low was recorded on September 5, dropping to 1.3117.

This high-to-low spread represents a total annual volatility of 0.0705 YER. From a start-to-finish perspective, comparing the January average rate of 1.3711 to the December average rate of 1.3513, the exchange rate registered a net change of -1.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 1.3822 was down 0.99% compared to the 2012 peak of 1.3961, 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 1,382,214 YER
2012 Average 1,357,011 YER
Yearly Trough Low 1,311,671 YER
Transaction Impact: A difference of 70,543.26 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

1.3755
1.3233
JanuMarcMayJulySeptNove

NGN to YER 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 1.3591, compared to 1.3413 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0178 points.

H1 Avg (Jan–Jun) 1.3591
H2 Avg (Jul–Dec) 1.3413

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.0344 YER (High: 1.3593 / Low: 1.3249). On the other end, November was the most stable month, with a tight range of 0.0076 YER (High: 1.3584 / Low: 1.3509).

June Spread (Volatile) ±0.0344
November Spread (Stable) ±0.0076

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0167 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0167

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 1.3711) against the same month in 2012 (average: 1.3541), the exchange rate shifted by +0.0170 (+1.26%).

2013 Avg (January) 1.3711
2012 Avg (January) 1.3541

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3822 1.3662 1.3711
February 1.3676 1.3548 1.3643
March 1.3638 1.3494 1.3569
April 1.3662 1.3493 1.3585
May 1.3657 1.3562 1.3602
June 1.3593 1.3249 1.3435
July 1.3413 1.3240 1.3342
August 1.3476 1.3208 1.3360
September 1.3453 1.3117 1.3277
October 1.3552 1.3323 1.3445
November 1.3584 1.3509 1.3543
December 1.3594 1.3345 1.3513