YEARLY HIGH
28.8251 NGN
YEARLY LOW
25.6367 NGN
YEARLY AVERAGE
27.1154 NGN

2013 NOK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the NOK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 28.8251. Conversely, the yearly low was recorded on December 15, dropping to 25.6367.

This high-to-low spread represents a total annual volatility of 3.1884 NGN. From a start-to-finish perspective, comparing the January average rate of 28.2163 to the December average rate of 25.9018, the exchange rate registered a net change of -8.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 28.8251 was up 1.34% compared to the 2012 peak of 28.4436, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 144,125 NGN
2012 Average 136,493 NGN
Yearly Trough Low 128,183 NGN
Transaction Impact: A difference of 15,941.93 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

28.5646
25.6597
JanuMarcMayJulySeptNove

NOK 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 27.6155, compared to 26.6154 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0001 points.

H1 Avg (Jan–Jun) 27.6155
H2 Avg (Jul–Dec) 26.6154

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 1.9589 NGN (High: 28.3286 / Low: 26.3698). On the other end, October was the most stable month, with a tight range of 0.4762 NGN (High: 27.0935 / Low: 26.6173).

June Spread (Volatile) ±1.9589
October Spread (Stable) ±0.4762

Growth Streaks & Declines

Trends

Between July and September, 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 February and March, when the average rate fell by 0.9065 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.9065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2013: 28.3225) against the same month in 2012 (average: 27.7585), the exchange rate shifted by +0.5640 (+2.03%).

2013 Avg (February) 28.3225
2012 Avg (February) 27.7585

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28.7024 27.9373 28.2163
February 28.8251 27.6848 28.3225
March 27.7839 27.0934 27.4161
April 27.6327 26.9207 27.3264
May 27.3641 26.8837 27.1370
June 28.3286 26.3698 27.2745
July 27.2611 25.8952 26.7120
August 27.3660 26.5185 27.0063
September 27.6823 26.5970 27.0845
October 27.0935 26.6173 26.8810
November 26.6952 25.6731 26.1068
December 26.4494 25.6367 25.9018