2021 IMP to NGN Historical Review

YEARLY HIGH

413.8611 NGN

YEARLY LOW

379.5000 NGN

YEARLY AVERAGE

403.2932 NGN

2021 IMP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the IMP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 413.8611. Conversely, the yearly low was recorded on April 27, dropping to 379.5000.

This high-to-low spread represents a total annual volatility of 34.3611 NGN. From a start-to-finish perspective, comparing the January average rate of 387.8328 to the December average rate of 411.2312, the exchange rate registered a net change of 6.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 413.8611 was up 4.79% compared to the 2020 peak of 394.9273, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,069,306 NGN

2020 Average 1,901,411 NGN

Yearly Trough Low 1,897,500 NGN

Transaction Impact: A difference of 171,805.72 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

413.9342

385.4599

JanuMarcMayJulySeptNove

IMP 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 395.3359, compared to 411.2504 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.9145 points.

H1 Avg (Jan–Jun) 395.3359

H2 Avg (Jul–Dec) 411.2504

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 33.0000 NGN (High: 413.0000 / Low: 380.0000). On the other end, August was the most stable month, with a tight range of 1.0324 NGN (High: 411.9587 / Low: 410.9263).

May Spread (Volatile) ±33.0000

August Spread (Stable) ±1.0324

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 1.8769 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.8769

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 411.2312) against the same month in 2020 (average: 383.8714), the exchange rate shifted by +27.3597 (+7.13%).

2021 Avg (December) 411.2312

2020 Avg (December) 383.8714

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	396.7005	380.5000	387.8328
February	412.4276	380.0000	389.9028
March	410.9625	380.0000	388.0258
April	411.0300	379.5000	390.6984
May	413.0000	380.0000	404.2299
June	412.8108	410.0000	411.3259
July	411.6434	410.0000	411.1813
August	411.9587	410.9263	411.5507
September	412.5451	410.1785	411.5613
October	412.5839	410.3100	411.0246
November	412.6301	409.8800	410.9535
December	413.8611	409.5558	411.2312