2013 NOK to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2013.
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.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2013.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |