2021 BOB to NGN Historical Review

YEARLY HIGH

60.0207 NGN

YEARLY LOW

54.8414 NGN

YEARLY AVERAGE

58.4191 NGN

2021 BOB to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BOB to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 60.0207. Conversely, the yearly low was recorded on March 27, dropping to 54.8414.

This high-to-low spread represents a total annual volatility of 5.1793 NGN. From a start-to-finish perspective, comparing the January average rate of 56.2855 to the December average rate of 59.5976, the exchange rate registered a net change of 5.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 60.0207 was up 5.29% compared to the 2020 peak of 57.0032, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 300,104 NGN

2020 Average 275,472 NGN

Yearly Trough Low 274,207 NGN

Transaction Impact: A difference of 25,896.67 NGN purely based on transaction execution date.

প্রবণতার চিত্রায়ন

2021 সাল জুড়ে মাসিক গড় ওঠানামা।

59.9696

55.8336

JanuMarcMayJulySeptNove

BOB 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 57.2535, compared to 59.5846 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3311 points.

H1 Avg (Jan–Jun) 57.2535

H2 Avg (Jul–Dec) 59.5846

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 4.8585 NGN (High: 59.9049 / Low: 55.0464). On the other end, July was the most stable month, with a tight range of 0.3203 NGN (High: 59.6901 / Low: 59.3697).

May Spread (Volatile) ±4.8585

July Spread (Stable) ±0.3203

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.2593 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.2593

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 59.5976) against the same month in 2020 (average: 55.6822), the exchange rate shifted by +3.9154 (+7.03%).

2021 Avg (December) 59.5976

2020 Avg (December) 55.6822

মাসিক বিশ্লেষণ

প্রতিটি ক্যালেন্ডার মাসের পরিসংখ্যানগত সারসংক্ষেপ।

Month	High	Low	Average
January	57.4443	55.1720	56.2855
February	59.5442	55.0198	56.4375
March	59.4138	54.8414	56.1782
April	59.4257	54.9663	56.5838
May	59.9049	55.0464	58.5786
June	59.7859	59.0617	59.4576
July	59.6901	59.3697	59.5718
August	59.7477	59.3833	59.6214
September	59.8233	59.4925	59.6249
October	59.8021	59.4197	59.5357
November	59.8366	59.3552	59.5565
December	60.0207	59.3954	59.5976

2021 BOB থেকে NGN-এর ঐতিহাসিক পর্যালোচনা