2021 EUR to NGN Historical Review

YEARLY HIGH

505.2503 NGN

YEARLY LOW

448.0292 NGN

YEARLY AVERAGE

477.0028 NGN

2021 EUR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the EUR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 505.2503. Conversely, the yearly low was recorded on April 3, dropping to 448.0292.

This high-to-low spread represents a total annual volatility of 57.2211 NGN. From a start-to-finish perspective, comparing the January average rate of 471.8692 to the December average rate of 464.9175, the exchange rate registered a net change of -1.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 505.2503 was up 4.93% compared to the 2020 peak of 481.5012, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,526,252 NGN

2020 Average 2,172,102 NGN

Yearly Trough Low 2,240,146 NGN

Transaction Impact: A difference of 286,105.58 NGN purely based on transaction execution date.

প্রবণতার চিত্রায়ন

2021 সাল জুড়ে মাসিক গড় ওঠানামা।

498.3969

458.3664

JanuMarcMayJulySeptNove

EUR 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 476.4324, compared to 477.5732 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1409 points.

H1 Avg (Jan–Jun) 476.4324

H2 Avg (Jul–Dec) 477.5732

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 48.3568 NGN (High: 505.2503 / Low: 456.8935). On the other end, July was the most stable month, with a tight range of 5.4540 NGN (High: 489.4150 / Low: 483.9610).

May Spread (Volatile) ±48.3568

July Spread (Stable) ±5.4540

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 9.8676 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -9.8676

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 491.0389) against the same month in 2020 (average: 425.3144), the exchange rate shifted by +65.7244 (+15.45%).

2021 Avg (May) 491.0389

2020 Avg (May) 425.3144

মাসিক বিশ্লেষণ

প্রতিটি ক্যালেন্ডার মাসের পরিসংখ্যানগত সারসংক্ষেপ।

Month	High	Low	Average
January	484.5197	460.3103	471.8692
February	499.7899	457.3844	471.5699
March	488.3765	448.1803	461.7023
April	492.8401	448.0292	467.3529
May	505.2503	456.8935	491.0389
June	503.0871	486.3866	495.0610
July	489.4150	483.9610	486.3182
August	488.7887	480.5508	484.3818
September	489.1152	475.9773	484.4697
October	479.7678	474.1075	476.6662
November	478.2597	460.0076	468.6860
December	468.9726	461.0259	464.9175

2021 EUR থেকে NGN-এর ঐতিহাসিক পর্যালোচনা