2021 TRY to NGN Historical Review

YEARLY HIGH

59.2254 NGN

YEARLY LOW

24.7406 NGN

YEARLY AVERAGE

46.6440 NGN

2021 TRY to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 59.2254. Conversely, the yearly low was recorded on December 19, dropping to 24.7406.

This high-to-low spread represents a total annual volatility of 34.4848 NGN. From a start-to-finish perspective, comparing the January average rate of 52.4079 to the December average rate of 30.9536, the exchange rate registered a net change of -40.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 59.2254 was down 4.21% compared to the 2020 peak of 61.8299, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,961,268 NGN

2020 Average 2,728,479 NGN

Yearly Trough Low 1,237,028 NGN

Transaction Impact: A difference of 1,724,239.60 NGN purely based on transaction execution date.

প্রবণতার চিত্রায়ন

2021 সাল জুড়ে মাসিক গড় ওঠানামা।

57.3055

28.5579

JanuMarcMayJulySeptNove

TRY 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 50.2282, compared to 43.0598 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.1684 points.

H1 Avg (Jan–Jun) 50.2282

H2 Avg (Jul–Dec) 43.0598

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 13.6822 NGN (High: 38.4228 / Low: 24.7406). On the other end, July was the most stable month, with a tight range of 1.4405 NGN (High: 48.6716 / Low: 47.2311).

December Spread (Volatile) ±13.6822

July Spread (Stable) ±1.4405

Growth Streaks & Declines

Trends

Between June and August, 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 November and December, when the average rate fell by 7.5044 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -7.5044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 54.9099) against the same month in 2020 (average: 60.0147), the exchange rate shifted by -5.1048 (-8.51%).

2021 Avg (February) 54.9099

2020 Avg (February) 60.0147

মাসিক বিশ্লেষণ

প্রতিটি ক্যালেন্ডার মাসের পরিসংখ্যানগত সারসংক্ষেপ।

Month	High	Low	Average
January	53.7316	51.0383	52.4079
February	59.2254	51.3218	54.9099
March	54.0273	46.7307	50.4899
April	50.8662	45.2613	47.7532
May	49.5623	44.6828	48.1787
June	49.1952	46.8031	47.6296
July	48.6716	47.2311	47.8424
August	49.4456	47.5435	48.5399
September	49.7046	46.1212	48.0426
October	46.6057	42.2665	44.5225
November	43.1935	30.3476	38.4580
December	38.4228	24.7406	30.9536

2021 TRY থেকে NGN-এর ঐতিহাসিক পর্যালোচনা