YEARLY HIGH
37.0652 NGN
YEARLY LOW
24.9766 NGN
YEARLY AVERAGE
28.0000 NGN

2013 VEF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the VEF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 37.0652. Conversely, the yearly low was recorded on April 6, dropping to 24.9766.

This high-to-low spread represents a total annual volatility of 12.0886 NGN. From a start-to-finish perspective, comparing the January average rate of 36.5053 to the December average rate of 25.2908, the exchange rate registered a net change of -30.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 37.0652 was down 2.50% compared to the 2012 peak of 38.0138, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 185,326 NGN
2012 Average 184,883 NGN
Yearly Trough Low 124,883 NGN
Transaction Impact: A difference of 60,442.96 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

37.8169
23.9638
JanuMarcMayJulySeptNove

VEF 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 30.5218, compared to 25.4781 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.0436 points.

H1 Avg (Jan–Jun) 30.5218
H2 Avg (Jul–Dec) 25.4781

Volatility Range Comparison

Volatility

The most volatile month in 2013 was March, with a trading range of 11.9080 NGN (High: 37.0652 / Low: 25.1572). On the other end, November was the most stable month, with a tight range of 0.1474 NGN (High: 25.3011 / Low: 25.1537).

March Spread (Volatile) ±11.9080
November Spread (Stable) ±0.1474

Growth Streaks & Declines

Trends

Between May and July, 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 March and April, when the average rate fell by 9.0883 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -9.0883

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2013: 34.2331) against the same month in 2012 (average: 36.7110), the exchange rate shifted by -2.4779 (-6.75%).

2013 Avg (March) 34.2331
2012 Avg (March) 36.7110

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 36.6376 36.2056 36.5053
February 36.8951 36.5699 36.6625
March 37.0652 25.1572 34.2331
April 25.3176 24.9766 25.1448
May 25.1883 25.0153 25.1182
June 25.8293 25.1315 25.4668
July 25.8027 25.4730 25.6058
August 25.8789 25.3567 25.5792
September 26.0540 25.4034 25.7420
October 25.6606 25.2199 25.4172
November 25.3011 25.1537 25.2338
December 25.6207 25.1390 25.2908