YEARLY HIGH
19.8743 NGN
YEARLY LOW
17.0737 NGN
YEARLY AVERAGE
18.6038 NGN

2021 CZK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CZK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 19.8743. Conversely, the yearly low was recorded on March 8, dropping to 17.0737.

This high-to-low spread represents a total annual volatility of 2.8006 NGN. From a start-to-finish perspective, comparing the January average rate of 18.0544 to the December average rate of 18.4208, the exchange rate registered a net change of 2.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 19.8743 was up 7.98% compared to the 2020 peak of 18.4053, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 99,371 NGN
2020 Average 82,091 NGN
Yearly Trough Low 85,368 NGN
Transaction Impact: A difference of 14,002.99 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

19.6259
17.4544
JanuMarcMayJulySeptNove

CZK 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 18.4326, compared to 18.7750 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3425 points.

H1 Avg (Jan–Jun) 18.4326
H2 Avg (Jul–Dec) 18.7750

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 2.1663 NGN (High: 19.8743 / Low: 17.7080). On the other end, July was the most stable month, with a tight range of 0.3809 NGN (High: 19.2043 / Low: 18.8234).

May Spread (Volatile) ±2.1663
July Spread (Stable) ±0.3809

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 February and March, when the average rate fell by 0.5868 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5868

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 19.2215) against the same month in 2020 (average: 15.5692), the exchange rate shifted by +3.6523 (+23.46%).

2021 Avg (May) 19.2215
2020 Avg (May) 15.5692

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.5116 17.5907 18.0544
February 19.3032 17.5775 18.2222
March 18.7255 17.0737 17.6354
April 19.0865 17.1756 18.0170
May 19.8743 17.7080 19.2215
June 19.8004 19.0141 19.4450
July 19.2043 18.8234 18.9784
August 19.1854 18.8005 19.0204
September 19.2664 18.7151 19.0782
October 18.9152 18.4918 18.6913
November 18.9145 18.0289 18.4612
December 18.8344 18.2105 18.4208