2021 AZN to NGN Historical Review

YEARLY HIGH

243.3325 NGN

YEARLY LOW

223.1296 NGN

YEARLY AVERAGE

237.1199 NGN

2021 AZN to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the AZN to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 243.3325. Conversely, the yearly low was recorded on April 27, dropping to 223.1296.

This high-to-low spread represents a total annual volatility of 20.2029 NGN. From a start-to-finish perspective, comparing the January average rate of 228.0066 to the December average rate of 241.8194, the exchange rate registered a net change of 6.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 243.3325 was up 4.90% compared to the 2020 peak of 231.9690, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,216,663 NGN

2020 Average 1,116,835 NGN

Yearly Trough Low 1,115,648 NGN

Transaction Impact: A difference of 101,014.35 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

243.3777

226.6092

JanuMarcMayJulySeptNove

AZN 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 232.4368, compared to 241.8031 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.3663 points.

H1 Avg (Jan–Jun) 232.4368

H2 Avg (Jul–Dec) 241.8031

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 19.4026 NGN (High: 242.8262 / Low: 223.4236). On the other end, August was the most stable month, with a tight range of 0.6070 NGN (High: 242.2140 / Low: 241.6069).

May Spread (Volatile) ±19.4026

August Spread (Stable) ±0.6070

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 1.1036 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.1036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 241.8194) against the same month in 2020 (average: 225.4751), the exchange rate shifted by +16.3443 (+7.25%).

2021 Avg (December) 241.8194

2020 Avg (December) 225.4751

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	233.0280	223.7176	228.0066
February	242.4897	223.4236	229.2460
March	241.6282	223.4236	228.1425
April	241.6679	223.1296	229.7138
May	242.8262	223.4236	237.6697
June	242.7149	241.0623	241.8419
July	242.0286	241.0623	241.7569
August	242.2140	241.6069	241.9740
September	242.5587	241.1673	241.9803
October	242.5815	241.2446	241.6648
November	242.6087	240.9918	241.6229
December	243.3325	240.8011	241.8194