YEARLY HIGH
102.5992 NGN
YEARLY LOW
91.0982 NGN
YEARLY AVERAGE
96.9441 NGN

2021 RON to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the RON to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 102.5992. Conversely, the yearly low was recorded on April 3, dropping to 91.0982.

This high-to-low spread represents a total annual volatility of 11.5010 NGN. From a start-to-finish perspective, comparing the January average rate of 96.8974 to the December average rate of 93.9289, the exchange rate registered a net change of -3.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 102.5992 was up 4.01% compared to the 2020 peak of 98.6455, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 512,996 NGN
2020 Average 448,783 NGN
Yearly Trough Low 455,491 NGN
Transaction Impact: A difference of 57,504.90 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

101.1944
93.2684
JanuMarcMayJulySeptNove

RON 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 97.2117, compared to 96.6766 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5351 points.

H1 Avg (Jan–Jun) 97.2117
H2 Avg (Jul–Dec) 96.6766

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 9.8712 NGN (High: 102.5992 / Low: 92.7280). On the other end, October was the most stable month, with a tight range of 1.0934 NGN (High: 96.9538 / Low: 95.8604).

May Spread (Volatile) ±9.8712
October Spread (Stable) ±1.0934

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 2.2835 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.2835

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 99.7196) against the same month in 2020 (average: 87.8082), the exchange rate shifted by +11.9114 (+13.57%).

2021 Avg (May) 99.7196
2020 Avg (May) 87.8082

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 99.5959 94.4359 96.8974
February 102.4920 93.9455 96.7338
March 100.1663 91.7586 94.4503
April 100.1430 91.0982 94.9352
May 102.5992 92.7280 99.7196
June 102.2664 98.6931 100.5339
July 99.4628 98.2032 98.7409
August 99.3872 97.4128 98.3925
September 99.0054 96.1760 97.9361
October 96.9538 95.8604 96.3441
November 96.6408 92.9342 94.7168
December 94.7348 93.1272 93.9289