YEARLY HIGH
0.1531 DOP
YEARLY LOW
0.1366 DOP
YEARLY AVERAGE
0.1416 DOP

2021 NGN to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.1531. Conversely, the yearly low was recorded on October 12, dropping to 0.1366.

This high-to-low spread represents a total annual volatility of 0.0165 DOP. From a start-to-finish perspective, comparing the January average rate of 0.1501 to the December average rate of 0.1384, the exchange rate registered a net change of -7.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1531 was down 4.70% compared to the 2020 peak of 0.1606, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 153,082 DOP
2020 Average 148,630 DOP
Yearly Trough Low 136,592 DOP
Transaction Impact: A difference of 16,490.16 DOP purely based on transaction execution date.

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0.1514
0.1358
JanuMarcMayJulySeptNove

NGN to DOP 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 0.1453, compared to 0.1380 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0073 points.

H1 Avg (Jan–Jun) 0.1453
H2 Avg (Jul–Dec) 0.1380

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0133 DOP (High: 0.1522 / Low: 0.1389). On the other end, August was the most stable month, with a tight range of 0.0009 DOP (High: 0.1392 / Low: 0.1383).

March Spread (Volatile) Âą0.0133
August Spread (Stable) Âą0.0009

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0047 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.1501) against the same month in 2020 (average: 0.1468), the exchange rate shifted by +0.0033 (+2.22%).

2021 Avg (January) 0.1501
2020 Avg (January) 0.1468

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Month High Low Average
January 0.1531 0.1467 0.1501
February 0.1527 0.1406 0.1487
March 0.1522 0.1389 0.1478
April 0.1499 0.1385 0.1456
May 0.1497 0.1377 0.1409
June 0.1392 0.1380 0.1386
July 0.1393 0.1383 0.1387
August 0.1392 0.1383 0.1386
September 0.1382 0.1368 0.1376
October 0.1376 0.1366 0.1371
November 0.1382 0.1368 0.1376
December 0.1394 0.1375 0.1384