YEARLY HIGH
18.4881 NGN
YEARLY LOW
15.1614 NGN
YEARLY AVERAGE
16.5611 NGN

2013 ZAR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the ZAR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 18.4881. Conversely, the yearly low was recorded on December 5, dropping to 15.1614.

This high-to-low spread represents a total annual volatility of 3.3267 NGN. From a start-to-finish perspective, comparing the January average rate of 17.8739 to the December average rate of 15.3570, the exchange rate registered a net change of -14.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 18.4881 was down 12.64% compared to the 2012 peak of 21.1629, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 924,405 NGN
2012 Average 968,868 NGN
Yearly Trough Low 758,068 NGN
Transaction Impact: A difference of 166,336.70 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

18.1256
15.1053
JanuMarcMayJulySeptNove

ZAR 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 17.1992, compared to 15.9230 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2762 points.

H1 Avg (Jan–Jun) 17.1992
H2 Avg (Jul–Dec) 15.9230

Volatility Range Comparison

Volatility

The most volatile month in 2013 was May, with a trading range of 1.9663 NGN (High: 17.7520 / Low: 15.7858). On the other end, February was the most stable month, with a tight range of 0.2808 NGN (High: 17.9029 / Low: 17.6222).

May Spread (Volatile) ±1.9663
February Spread (Stable) ±0.2808

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 0.9778 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.9778

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 17.8739) against the same month in 2012 (average: 20.1485), the exchange rate shifted by -2.2745 (-11.29%).

2013 Avg (January) 17.8739
2012 Avg (January) 20.1485

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.4881 17.3724 17.8739
February 17.9029 17.6222 17.7333
March 17.5304 16.9854 17.2431
April 17.7047 17.1410 17.3833
May 17.7520 15.7858 16.9698
June 16.4250 15.6935 15.9920
July 16.5403 15.8407 16.2359
August 16.3198 15.5796 15.9947
September 16.6919 15.8236 16.2249
October 16.3399 15.8883 16.1546
November 15.7511 15.3239 15.5708
December 15.5676 15.1614 15.3570