2013 VEF to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2013.
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.
Comparing the value generated converting 5,000 VEF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2013.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |