YEARLY HIGH
0.8673 NGN
YEARLY LOW
0.7138 NGN
YEARLY AVERAGE
0.7997 NGN

2021 AMD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the AMD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 0.8673. Conversely, the yearly low was recorded on April 10, dropping to 0.7138.

This high-to-low spread represents a total annual volatility of 0.1534 NGN. From a start-to-finish perspective, comparing the January average rate of 0.7429 to the December average rate of 0.8356, the exchange rate registered a net change of 12.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.8673 was up 5.76% compared to the 2020 peak of 0.8200, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,336 NGN
2020 Average 3,936 NGN
Yearly Trough Low 3,569 NGN
Transaction Impact: A difference of 767.09 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.8721
0.7254
JanuMarcMayJulySeptNove

AMD 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 0.7568, compared to 0.8427 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0860 points.

H1 Avg (Jan–Jun) 0.7568
H2 Avg (Jul–Dec) 0.8427

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0740 NGN (High: 0.7879 / Low: 0.7138). On the other end, August was the most stable month, with a tight range of 0.0152 NGN (High: 0.8471 / Low: 0.8319).

April Spread (Volatile) ±0.0740
August Spread (Stable) ±0.0152

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 November and December, when the average rate fell by 0.0243 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0243

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.8598) against the same month in 2020 (average: 0.7931), the exchange rate shifted by +0.0667 (+8.41%).

2021 Avg (November) 0.8598
2020 Avg (November) 0.7931

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7586 0.7271 0.7429
February 0.7888 0.7259 0.7462
March 0.7792 0.7201 0.7376
April 0.7879 0.7138 0.7429
May 0.7932 0.7278 0.7753
June 0.8074 0.7903 0.7956
July 0.8471 0.8151 0.8325
August 0.8471 0.8319 0.8369
September 0.8483 0.8325 0.8363
October 0.8666 0.8374 0.8552
November 0.8673 0.8423 0.8598
December 0.8578 0.8277 0.8356