2021 CRC to NGN Historical Review

YEARLY HIGH

0.6729 NGN

YEARLY LOW

0.6162 NGN

YEARLY AVERAGE

0.6491 NGN

2021 CRC to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CRC to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 0.6729. Conversely, the yearly low was recorded on April 30, dropping to 0.6162.

This high-to-low spread represents a total annual volatility of 0.0567 NGN. From a start-to-finish perspective, comparing the January average rate of 0.6335 to the December average rate of 0.6452, the exchange rate registered a net change of 1.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.6729 was down 2.27% compared to the 2020 peak of 0.6885, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,365 NGN

2020 Average 3,255 NGN

Yearly Trough Low 3,081 NGN

Transaction Impact: A difference of 283.70 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.6675

0.6305

JanuMarcMayJulySeptNove

CRC 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 0.6436, compared to 0.6546 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0110 points.

H1 Avg (Jan–Jun) 0.6436

H2 Avg (Jul–Dec) 0.6546

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0534 NGN (High: 0.6701 / Low: 0.6166). On the other end, August was the most stable month, with a tight range of 0.0036 NGN (High: 0.6644 / Low: 0.6608).

May Spread (Volatile) ±0.0534

August Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0122 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0122

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.6370) against the same month in 2020 (average: 0.6396), the exchange rate shifted by -0.0025 (-0.40%).

2021 Avg (February) 0.6370

2020 Avg (February) 0.6396

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6500	0.6210	0.6335
February	0.6729	0.6195	0.6370
March	0.6718	0.6206	0.6343
April	0.6696	0.6162	0.6367
May	0.6701	0.6166	0.6555
June	0.6670	0.6613	0.6644
July	0.6648	0.6604	0.6634
August	0.6644	0.6608	0.6628
September	0.6612	0.6567	0.6590
October	0.6591	0.6440	0.6547
November	0.6563	0.6388	0.6425
December	0.6550	0.6394	0.6452