2021 NGN to IDR Historical Review

YEARLY HIGH

38.4142 IDR

YEARLY LOW

34.1073 IDR

YEARLY AVERAGE

35.5042 IDR

2021 NGN to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 38.4142. Conversely, the yearly low was recorded on February 20, dropping to 34.1073.

This high-to-low spread represents a total annual volatility of 4.3068 IDR. From a start-to-finish perspective, comparing the January average rate of 36.2584 to the December average rate of 34.8341, the exchange rate registered a net change of -3.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 38.4142 was down 14.48% compared to the 2020 peak of 44.9180, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 38,414,192 IDR

2020 Average 38,252,698 IDR

Yearly Trough Low 34,107,342 IDR

Transaction Impact: A difference of 4,306,849.49 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

37.5205

34.2575

JanuMarcMayJulySeptNove

NGN to IDR 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 36.1739, compared to 34.8345 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3394 points.

H1 Avg (Jan–Jun) 36.1739

H2 Avg (Jul–Dec) 34.8345

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 3.5113 IDR (High: 37.6186 / Low: 34.1073). On the other end, September was the most stable month, with a tight range of 0.3337 IDR (High: 34.8554 / Low: 34.5217).

February Spread (Volatile) ±3.5113

September Spread (Stable) ±0.3337

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.8022 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.8022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 37.2486) against the same month in 2020 (average: 40.9482), the exchange rate shifted by -3.6996 (-9.03%).

2021 Avg (April) 37.2486

2020 Avg (April) 40.9482

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	37.1315	35.6651	36.2584
February	37.6186	34.1073	36.0669
March	38.0029	35.0637	37.1120
April	38.4142	35.2860	37.2486
May	37.8443	34.3771	35.4463
June	35.4943	34.4398	34.9112
July	35.5511	35.0779	35.2745
August	35.2251	34.6481	34.9545
September	34.8554	34.5217	34.6484
October	34.8311	34.2148	34.5294
November	35.1672	34.3807	34.7664
December	35.4310	34.4440	34.8341

૨૦૨૫ NGN થી IDR ઐતિહાસિક સમીક્ષા