YEARLY HIGH
45.0175 NGN
YEARLY LOW
42.7082 NGN
YEARLY AVERAGE
43.7389 NGN

2013 QAR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the QAR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 45.0175. Conversely, the yearly low was recorded on January 10, dropping to 42.7082.

This high-to-low spread represents a total annual volatility of 2.3093 NGN. From a start-to-finish perspective, comparing the January average rate of 43.0639 to the December average rate of 43.7076, the exchange rate registered a net change of 1.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 45.0175 was up 0.42% compared to the 2012 peak of 44.8284, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 225,088 NGN
2012 Average 218,030 NGN
Yearly Trough Low 213,541 NGN
Transaction Impact: A difference of 11,546.73 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

44.6276
42.9218
JanuMarcMayJulySeptNove

QAR 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 43.4472, compared to 44.0306 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5833 points.

H1 Avg (Jan–Jun) 43.4472
H2 Avg (Jul–Dec) 44.0306

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 1.1715 NGN (High: 44.5965 / Low: 43.4250). On the other end, November was the most stable month, with a tight range of 0.2366 NGN (High: 43.7217 / Low: 43.4851).

June Spread (Volatile) ±1.1715
November Spread (Stable) ±0.2366

Growth Streaks & Declines

Trends

Between January and March, 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 September and October, when the average rate fell by 0.5583 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5583

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2013: 44.4855) against the same month in 2012 (average: 43.2919), the exchange rate shifted by +1.1936 (+2.76%).

2013 Avg (September) 44.4855
2012 Avg (September) 43.2919

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 43.2200 42.7082 43.0639
February 43.5265 43.1311 43.2464
March 43.7278 43.2556 43.5039
April 43.7522 43.1557 43.4569
May 43.5278 43.2311 43.4094
June 44.5965 43.4250 44.0030
July 44.5911 44.0291 44.2472
August 44.7206 43.8188 44.2031
September 45.0175 43.9018 44.4855
October 44.3382 43.5811 43.9272
November 43.7217 43.4851 43.6127
December 44.2613 43.4303 43.7076