2021 BND to NGN Historical Review

YEARLY HIGH

312.1526 NGN

YEARLY LOW

282.0746 NGN

YEARLY AVERAGE

300.1493 NGN

2021 BND to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BND to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 30, valuing the pair at 312.1526. Conversely, the yearly low was recorded on March 8, dropping to 282.0746.

This high-to-low spread represents a total annual volatility of 30.0780 NGN. From a start-to-finish perspective, comparing the January average rate of 292.3078 to the December average rate of 301.6482, the exchange rate registered a net change of 3.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 312.1526 was up 5.02% compared to the 2020 peak of 297.2380, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,560,763 NGN

2020 Average 1,379,008 NGN

Yearly Trough Low 1,410,373 NGN

Transaction Impact: A difference of 150,389.87 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

310.4087

287.1931

JanuMarcMayJulySeptNove

BND 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 296.7105, compared to 303.5880 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.8775 points.

H1 Avg (Jan–Jun) 296.7105

H2 Avg (Jul–Dec) 303.5880

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 27.5133 NGN (High: 312.1526 / Low: 284.6393). On the other end, August was the most stable month, with a tight range of 4.4262 NGN (High: 306.3865 / Low: 301.9603).

May Spread (Volatile) ±27.5133

August Spread (Stable) ±4.4262

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 4.7736 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -4.7736

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 304.0537) against the same month in 2020 (average: 274.6035), the exchange rate shifted by +29.4502 (+10.72%).

2021 Avg (May) 304.0537

2020 Avg (May) 274.6035

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	298.7176	286.6642	292.3078
February	310.9887	284.7102	293.7197
March	305.9646	282.0746	289.1278
April	308.1362	282.9161	292.5803
May	312.1526	284.6393	304.0537
June	311.9619	305.2903	308.4740
July	306.0804	300.6239	303.7004
August	306.3865	301.9603	303.7407
September	307.2533	302.0140	305.4755
October	306.2946	301.7133	304.2721
November	305.9200	299.1411	302.6914
December	305.1181	299.3748	301.6482

૨૦૨૫ BND થી NGN ઐતિહાસિક સમીક્ષા