2013 TOP to NGN Historical Review

YEARLY HIGH

91.6285 NGN

YEARLY LOW

85.0831 NGN

YEARLY AVERAGE

88.9336 NGN

2013 TOP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the TOP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 27, valuing the pair at 91.6285. Conversely, the yearly low was recorded on December 8, dropping to 85.0831.

This high-to-low spread represents a total annual volatility of 6.5455 NGN. From a start-to-finish perspective, comparing the January average rate of 90.3929 to the December average rate of 85.6703, the exchange rate registered a net change of -5.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 91.6285 was down 3.50% compared to the 2012 peak of 94.9495, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 458,143 NGN

2012 Average 456,785 NGN

Yearly Trough Low 425,415 NGN

Transaction Impact: A difference of 32,727.43 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

91.5814

85.1330

JanuMarcMayJulySeptNove

TOP 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 90.4863, compared to 87.3810 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.1053 points.

H1 Avg (Jan–Jun) 90.4863

H2 Avg (Jul–Dec) 87.3810

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 4.6461 NGN (High: 91.6201 / Low: 86.9739). On the other end, March was the most stable month, with a tight range of 1.1923 NGN (High: 91.4106 / Low: 90.2183).

June Spread (Volatile) ±4.6461

March Spread (Stable) ±1.1923

Growth Streaks & Declines

Trends

Between August and October, 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 June and July, when the average rate fell by 2.3454 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.3454

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2013: 91.0441) against the same month in 2012 (average: 93.6773), the exchange rate shifted by -2.6333 (-2.81%).

2013 Avg (February) 91.0441

2012 Avg (February) 93.6773

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	91.1312	89.2432	90.3929
February	91.6285	90.4135	91.0441
March	91.4106	90.2183	90.6126
April	91.4593	89.9506	90.8405
May	90.9476	89.3315	90.3719
June	91.6201	86.9739	89.6558
July	87.8463	86.5308	87.3104
August	88.0122	86.2347	86.9313
September	89.5107	85.5808	88.1398
October	89.9872	87.6703	88.6930
November	89.1297	85.1850	87.5410
December	87.0414	85.0831	85.6703