2021 BZD to NGN Historical Review

YEARLY HIGH

205.6894 NGN

YEARLY LOW

188.2185 NGN

YEARLY AVERAGE

200.0870 NGN

2021 BZD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BZD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 1, valuing the pair at 205.6894. Conversely, the yearly low was recorded on April 27, dropping to 188.2185.

This high-to-low spread represents a total annual volatility of 17.4710 NGN. From a start-to-finish perspective, comparing the January average rate of 192.3107 to the December average rate of 203.9800, the exchange rate registered a net change of 6.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 205.6894 was up 5.03% compared to the 2020 peak of 195.8346, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,028,447 NGN

2020 Average 943,731 NGN

Yearly Trough Low 941,092 NGN

Transaction Impact: A difference of 87,354.84 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

205.3635

191.1240

JanuMarcMayJulySeptNove

BZD 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 196.1261, compared to 204.0479 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.9219 points.

H1 Avg (Jan–Jun) 196.1261

H2 Avg (Jul–Dec) 204.0479

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 16.3702 NGN (High: 204.9387 / Low: 188.5685). On the other end, September was the most stable month, with a tight range of 1.0495 NGN (High: 204.6389 / Low: 203.5894).

May Spread (Volatile) ±16.3702

September Spread (Stable) ±1.0495

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.8345 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.8345

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 203.9503) against the same month in 2020 (average: 189.5369), the exchange rate shifted by +14.4134 (+7.60%).

2021 Avg (November) 203.9503

2020 Avg (November) 189.5369

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	196.8416	188.8307	192.3107
February	204.2711	188.6160	193.4082
March	204.7655	188.5151	192.5737
April	203.7138	188.2185	193.8713
May	204.9387	188.5685	200.5535
June	204.8013	203.3544	204.0388
July	204.5353	203.4458	204.0619
August	204.5299	203.4205	204.1768
September	204.6389	203.5894	204.1741
October	204.6982	203.5121	203.9444
November	205.6894	203.3267	203.9503
December	205.3098	203.1717	203.9800