2021 CNY to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 CNY to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the CNY to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 64.9153. Conversely, the yearly low was recorded on April 4, dropping to 58.0129.
This high-to-low spread represents a total annual volatility of 6.9024 NGN. From a start-to-finish perspective, comparing the January average rate of 59.8979 to the December average rate of 64.5557, the exchange rate registered a net change of 7.78% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 64.9153 was up 7.53% compared to the 2020 peak of 60.3698, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 CNY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
CNY to NGN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 61.0953, compared to 63.9390 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.8436 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was May, with a trading range of 6.0779 NGN (High: 64.8515 / Low: 58.7736). On the other end, September was the most stable month, with a tight range of 0.3755 NGN (High: 63.9671 / Low: 63.5916).
Growth Streaks & Declines
TrendsBetween July and December, 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 0.7262 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 64.5557) against the same month in 2020 (average: 58.6946), the exchange rate shifted by +5.8612 (+9.99%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 61.2063 | 58.8199 | 59.8979 |
| February | 63.5795 | 58.7338 | 60.3099 |
| March | 63.1376 | 58.0907 | 59.5837 |
| April | 63.0317 | 58.0129 | 59.8911 |
| May | 64.8515 | 58.7736 | 62.8767 |
| June | 64.6279 | 63.4181 | 64.0127 |
| July | 63.7456 | 63.1988 | 63.4903 |
| August | 63.7019 | 63.2048 | 63.5260 |
| September | 63.9671 | 63.5916 | 63.7357 |
| October | 64.5692 | 63.6512 | 64.0116 |
| November | 64.6383 | 64.1154 | 64.3146 |
| December | 64.9153 | 64.2945 | 64.5557 |