YEARLY HIGH
112.6735 NGN
YEARLY LOW
103.3159 NGN
YEARLY AVERAGE
109.7963 NGN

2021 AED to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the AED to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 112.6735. Conversely, the yearly low was recorded on April 27, dropping to 103.3159.

This high-to-low spread represents a total annual volatility of 9.3576 NGN. From a start-to-finish perspective, comparing the January average rate of 105.5878 to the December average rate of 111.9593, the exchange rate registered a net change of 6.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 112.6735 was up 4.80% compared to the 2020 peak of 107.5159, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 563,368 NGN
2020 Average 517,660 NGN
Yearly Trough Low 516,580 NGN
Transaction Impact: A difference of 46,788.10 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

112.6926
104.9419
JanuMarcMayJulySeptNove

AED 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 107.6297, compared to 111.9628 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.3331 points.

H1 Avg (Jan–Jun) 107.6297
H2 Avg (Jul–Dec) 111.9628

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 8.9900 NGN (High: 112.4420 / Low: 103.4520). On the other end, August was the most stable month, with a tight range of 0.2719 NGN (High: 112.1525 / Low: 111.8806).

May Spread (Volatile) ±8.9900
August Spread (Stable) ±0.2719

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.5110 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5110

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 111.9593) against the same month in 2020 (average: 104.5105), the exchange rate shifted by +7.4488 (+7.13%).

2021 Avg (December) 111.9593
2020 Avg (December) 104.5105

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 107.9986 103.5882 105.5878
February 112.2833 103.4520 106.1508
March 111.8813 103.4520 105.6397
April 111.8997 103.3159 106.3675
May 112.4420 103.4520 110.0504
June 112.3845 111.6193 111.9821
July 112.0727 111.6193 111.9429
August 112.1525 111.8806 112.0439
September 112.3122 111.6679 112.0467
October 112.3227 111.7098 111.9007
November 112.3384 111.5897 111.8831
December 112.6735 111.5033 111.9593