YEARLY HIGH
6.6619 NGN
YEARLY LOW
6.2116 NGN
YEARLY AVERAGE
6.4543 NGN

2013 NIO to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the NIO to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 9, valuing the pair at 6.6619. Conversely, the yearly low was recorded on December 12, dropping to 6.2116.

This high-to-low spread represents a total annual volatility of 0.4504 NGN. From a start-to-finish perspective, comparing the January average rate of 6.4838 to the December average rate of 6.2863, the exchange rate registered a net change of -3.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 6.6619 was down 5.66% compared to the 2012 peak of 7.0614, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NIO based on timing:

Yearly Peak High 33,310 NGN
2012 Average 33,732 NGN
Yearly Trough Low 31,058 NGN
Transaction Impact: A difference of 2,251.79 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

6.5794
6.2597
JanuMarcMayJulySeptNove

NIO to NGN 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 6.4753, compared to 6.4333 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0420 points.

H1 Avg (Jan–Jun) 6.4753
H2 Avg (Jul–Dec) 6.4333

Volatility Range Comparison

Volatility

The most volatile month in 2013 was September, with a trading range of 0.2340 NGN (High: 6.6619 / Low: 6.4280). On the other end, February was the most stable month, with a tight range of 0.0693 NGN (High: 6.4819 / Low: 6.4126).

September Spread (Volatile) ±0.2340
February Spread (Stable) ±0.0693

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0952 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0952

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2013: 6.5527) against the same month in 2012 (average: 6.6306), the exchange rate shifted by -0.0778 (-1.17%).

2013 Avg (September) 6.5527
2012 Avg (September) 6.6306

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.5083 6.4305 6.4838
February 6.4819 6.4126 6.4413
March 6.5411 6.4234 6.4626
April 6.5119 6.3983 6.4575
May 6.5288 6.3782 6.4566
June 6.6485 6.4428 6.5501
July 6.5732 6.4065 6.4923
August 6.5893 6.3744 6.4406
September 6.6619 6.4280 6.5527
October 6.5450 6.3858 6.4616
November 6.4293 6.2523 6.3664
December 6.4134 6.2116 6.2863