2021 GTQ to NGN Historical Review

YEARLY HIGH

53.5518 NGN

YEARLY LOW

48.8673 NGN

YEARLY AVERAGE

52.1196 NGN

2021 GTQ to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GTQ to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 14, valuing the pair at 53.5518. Conversely, the yearly low was recorded on February 2, dropping to 48.8673.

This high-to-low spread represents a total annual volatility of 4.6845 NGN. From a start-to-finish perspective, comparing the January average rate of 49.7692 to the December average rate of 53.2032, the exchange rate registered a net change of 6.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 53.5518 was up 5.41% compared to the 2020 peak of 50.8019, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 267,759 NGN

2020 Average 246,213 NGN

Yearly Trough Low 244,336 NGN

Transaction Impact: A difference of 23,422.42 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

53.5466

49.4258

JanuMarcMayJulySeptNove

GTQ 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 51.1006, compared to 53.1387 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0381 points.

H1 Avg (Jan–Jun) 51.1006

H2 Avg (Jul–Dec) 53.1387

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 4.4681 NGN (High: 53.3354 / Low: 48.8673). On the other end, September was the most stable month, with a tight range of 0.2550 NGN (High: 53.3097 / Low: 53.0547).

February Spread (Volatile) ±4.4681

September Spread (Stable) ±0.2550

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 June and July, when the average rate fell by 0.1028 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 52.3879) against the same month in 2020 (average: 50.5512), the exchange rate shifted by +1.8367 (+3.63%).

2021 Avg (May) 52.3879

2020 Avg (May) 50.5512

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	50.9019	48.8760	49.7692
February	53.3354	48.8673	50.3471
March	53.1807	49.1658	50.2793
April	53.2078	49.1675	50.6406
May	53.5518	49.2779	52.3879
June	53.4400	52.9082	53.1796
July	53.1973	52.9144	53.0767
August	53.2317	52.9086	53.1366
September	53.3097	53.0547	53.1857
October	53.3244	52.9996	53.1193
November	53.3263	52.9657	53.1105
December	53.5192	52.9623	53.2032