2021 MXN to NGN Historical Review

YEARLY HIGH

20.9204 NGN

YEARLY LOW

17.6981 NGN

YEARLY AVERAGE

19.8900 NGN

2021 MXN to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MXN to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 20.9204. Conversely, the yearly low was recorded on March 8, dropping to 17.6981.

This high-to-low spread represents a total annual volatility of 3.2223 NGN. From a start-to-finish perspective, comparing the January average rate of 19.4249 to the December average rate of 19.6840, the exchange rate registered a net change of 1.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 20.9204 was up 5.32% compared to the 2020 peak of 19.8635, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,046,020 NGN

2020 Average 889,545 NGN

Yearly Trough Low 884,905 NGN

Transaction Impact: A difference of 161,115.38 NGN purely based on transaction execution date.

প্রবণতার চিত্রায়ন

2021 সাল জুড়ে মাসিক গড় ওঠানামা।

20.8041

18.4948

JanuMarcMayJulySeptNove

MXN 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 19.5937, compared to 20.1864 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5927 points.

H1 Avg (Jan–Jun) 19.5937

H2 Avg (Jul–Dec) 20.1864

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 2.1969 NGN (High: 19.8949 / Low: 17.6981). On the other end, July was the most stable month, with a tight range of 0.4044 NGN (High: 20.8115 / Low: 20.4072).

March Spread (Volatile) ±2.1969

July Spread (Stable) ±0.4044

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.5173 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.5173

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 20.5274) against the same month in 2020 (average: 17.3497), the exchange rate shifted by +3.1777 (+18.32%).

2021 Avg (June) 20.5274

2020 Avg (June) 17.3497

মাসিক বিশ্লেষণ

প্রতিটি ক্যালেন্ডার মাসের পরিসংখ্যানগত সারসংক্ষেপ।

Month	High	Low	Average
January	20.0097	18.4796	19.4249
February	20.1901	18.2660	19.2045
March	19.8949	17.6981	18.6872
April	20.6216	18.7549	19.4770
May	20.7936	18.7852	20.2410
June	20.9204	19.8311	20.5274
July	20.8115	20.4072	20.6117
August	20.7068	20.1809	20.4935
September	20.7190	19.9322	20.5471
October	20.4268	19.6895	20.0972
November	20.2751	18.7070	19.6848
December	20.0978	19.1093	19.6840

2021 MXN থেকে NGN-এর ঐতিহাসিক পর্যালোচনা