YEARLY HIGH
33.6514 ZMK
YEARLY LOW
31.9590 ZMK
YEARLY AVERAGE
32.8609 ZMK

2013 NGN to ZMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the NGN to ZMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 33.6514. Conversely, the yearly low was recorded on September 5, dropping to 31.9590.

This high-to-low spread represents a total annual volatility of 1.6924 ZMK. From a start-to-finish perspective, comparing the January average rate of 33.3628 to the December average rate of 32.9751, the exchange rate registered a net change of -1.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 33.6514 was down 0.62% compared to the 2012 peak of 33.8612, 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 33,651,421 ZMK
2012 Average 32,440,550 ZMK
Yearly Trough Low 31,959,014 ZMK
Transaction Impact: A difference of 1,692,406.92 ZMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

33.4678
32.2073
JanuMarcMayJulySeptNove

NGN to ZMK 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 33.0650, compared to 32.6568 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4082 points.

H1 Avg (Jan–Jun) 33.0650
H2 Avg (Jul–Dec) 32.6568

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.8933 ZMK (High: 33.0604 / Low: 32.1670). On the other end, May was the most stable month, with a tight range of 0.2334 ZMK (High: 33.2123 / Low: 32.9789).

June Spread (Volatile) ±0.8933
May Spread (Stable) ±0.2334

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 0.4528 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4528

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 33.3628) against the same month in 2012 (average: 31.9274), the exchange rate shifted by +1.4354 (+4.50%).

2013 Avg (January) 33.3628
2012 Avg (January) 31.9274

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 33.6514 33.2533 33.3628
February 33.3553 33.0172 33.2391
March 33.2587 32.9031 33.0413
April 33.2338 32.8156 33.0497
May 33.2123 32.9789 33.0749
June 33.0604 32.1670 32.6222
July 32.6026 32.1933 32.4437
August 32.7595 32.1648 32.4991
September 32.7214 31.9590 32.3123
October 32.9631 32.3981 32.7021
November 33.1719 32.7982 33.0082
December 33.1999 32.5581 32.9751