YEARLY HIGH
2.3169 NGN
YEARLY LOW
1.1256 NGN
YEARLY AVERAGE
1.8297 NGN

2013 SYP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the SYP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 30, valuing the pair at 2.3169. Conversely, the yearly low was recorded on December 19, dropping to 1.1256.

This high-to-low spread represents a total annual volatility of 1.1913 NGN. From a start-to-finish perspective, comparing the January average rate of 2.2103 to the December average rate of 1.1315, the exchange rate registered a net change of -48.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 2.3169 was down 25.43% compared to the 2012 peak of 3.1072, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,585 NGN
2012 Average 12,672 NGN
Yearly Trough Low 5,628 NGN
Transaction Impact: A difference of 5,956.66 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

2.4135
1.0149
JanuMarcMayJulySeptNove

SYP 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 2.2429, compared to 1.4165 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8264 points.

H1 Avg (Jan–Jun) 2.2429
H2 Avg (Jul–Dec) 1.4165

Volatility Range Comparison

Volatility

The most volatile month in 2013 was August, with a trading range of 0.8554 NGN (High: 2.2825 / Low: 1.4270). On the other end, November was the most stable month, with a tight range of 0.0107 NGN (High: 1.1424 / Low: 1.1317).

August Spread (Volatile) ±0.8554
November Spread (Stable) ±0.0107

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.7920 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.7920

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2013: 2.2846) against the same month in 2012 (average: 2.5432), the exchange rate shifted by -0.2586 (-10.17%).

2013 Avg (June) 2.2846
2012 Avg (June) 2.5432

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2174 2.2004 2.2103
February 2.2342 2.2116 2.2191
March 2.2467 2.2284 2.2394
April 2.2699 2.2356 2.2509
May 2.2594 2.2430 2.2532
June 2.3169 2.2539 2.2846
July 2.3150 2.2860 2.2970
August 2.2825 1.4270 1.5050
September 1.4370 1.1897 1.2683
October 1.1866 1.1468 1.1610
November 1.1424 1.1317 1.1364
December 1.1443 1.1256 1.1315