YEARLY HIGH
89.8589 NGN
YEARLY LOW
74.5076 NGN
YEARLY AVERAGE
83.8109 NGN

2013 TRY to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the TRY to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 89.8589. Conversely, the yearly low was recorded on December 28, dropping to 74.5076.

This high-to-low spread represents a total annual volatility of 15.3513 NGN. From a start-to-finish perspective, comparing the January average rate of 88.5360 to the December average rate of 76.9969, the exchange rate registered a net change of -13.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 89.8589 was down 1.75% compared to the 2012 peak of 91.4575, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 4,492,943 NGN
2012 Average 4,409,096 NGN
Yearly Trough Low 3,725,380 NGN
Transaction Impact: A difference of 767,562.66 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

89.8234
75.8308
JanuMarcMayJulySeptNove

TRY 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 87.3210, compared to 80.3007 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.0203 points.

H1 Avg (Jan–Jun) 87.3210
H2 Avg (Jul–Dec) 80.3007

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 4.2447 NGN (High: 86.8677 / Low: 82.6230). On the other end, March was the most stable month, with a tight range of 0.9397 NGN (High: 88.0314 / Low: 87.0917).

June Spread (Volatile) ±4.2447
March Spread (Stable) ±0.9397

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 2.2270 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -2.2270

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2013: 88.6573) against the same month in 2012 (average: 90.0839), the exchange rate shifted by -1.4266 (-1.58%).

2013 Avg (February) 88.6573
2012 Avg (February) 90.0839

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 89.4099 87.4515 88.5360
February 89.8589 87.2756 88.6573
March 88.0314 87.0917 87.5944
April 88.4742 87.3438 88.0728
May 88.3096 84.5110 86.6462
June 86.8677 82.6230 84.4192
July 84.5007 82.0965 83.3071
August 83.4217 79.6026 82.1709
September 82.0977 78.7424 80.2764
October 81.2466 79.7375 80.5991
November 79.1078 77.4161 78.4541
December 78.4327 74.5076 76.9969