YEARLY HIGH
0.9864 NGN
YEARLY LOW
0.8803 NGN
YEARLY AVERAGE
0.9453 NGN

2021 KZT to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KZT to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 0.9864. Conversely, the yearly low was recorded on April 10, dropping to 0.8803.

This high-to-low spread represents a total annual volatility of 0.1060 NGN. From a start-to-finish perspective, comparing the January average rate of 0.9214 to the December average rate of 0.9417, the exchange rate registered a net change of 2.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9864 was up 1.11% compared to the 2020 peak of 0.9755, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,932 NGN
2020 Average 4,599 NGN
Yearly Trough Low 4,402 NGN
Transaction Impact: A difference of 530.10 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.9722
0.9026
JanuMarcMayJulySeptNove

KZT 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 0.9316, compared to 0.9589 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0273 points.

H1 Avg (Jan–Jun) 0.9316
H2 Avg (Jul–Dec) 0.9589

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.0890 NGN (High: 0.9864 / Low: 0.8973). On the other end, August was the most stable month, with a tight range of 0.0080 NGN (High: 0.9697 / Low: 0.9617).

February Spread (Volatile) ±0.0890
August Spread (Stable) ±0.0080

Growth Streaks & Declines

Trends

Between April and September, 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 March and April, when the average rate fell by 0.0139 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0139

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.9308) against the same month in 2020 (average: 0.9633), the exchange rate shifted by -0.0324 (-3.37%).

2021 Avg (February) 0.9308
2020 Avg (February) 0.9633

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9430 0.8986 0.9214
February 0.9864 0.8973 0.9308
March 0.9752 0.8955 0.9223
April 0.9583 0.8803 0.9084
May 0.9655 0.8847 0.9444
June 0.9659 0.9577 0.9622
July 0.9671 0.9540 0.9632
August 0.9697 0.9617 0.9660
September 0.9711 0.9622 0.9664
October 0.9694 0.9586 0.9647
November 0.9643 0.9313 0.9515
December 0.9482 0.9349 0.9417