2021 KPW to NGN Historical Review

YEARLY HIGH

0.4598 NGN

YEARLY LOW

0.4217 NGN

YEARLY AVERAGE

0.4481 NGN

2021 KPW to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KPW to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.4598. Conversely, the yearly low was recorded on April 27, dropping to 0.4217.

This high-to-low spread represents a total annual volatility of 0.0382 NGN. From a start-to-finish perspective, comparing the January average rate of 0.4309 to the December average rate of 0.4569, 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 0.4598 was up 4.79% compared to the 2020 peak of 0.4388, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,299 NGN

2020 Average 2,113 NGN

Yearly Trough Low 2,108 NGN

Transaction Impact: A difference of 190.90 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4599

0.4283

JanuMarcMayJulySeptNove

KPW 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 0.4393, compared to 0.4569 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0177 points.

H1 Avg (Jan–Jun) 0.4393

H2 Avg (Jul–Dec) 0.4569

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0367 NGN (High: 0.4589 / Low: 0.4222). On the other end, August was the most stable month, with a tight range of 0.0011 NGN (High: 0.4577 / Low: 0.4566).

May Spread (Volatile) ±0.0367

August Spread (Stable) ±0.0011

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 0.0021 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.4569) against the same month in 2020 (average: 0.4265), the exchange rate shifted by +0.0304 (+7.13%).

2021 Avg (December) 0.4569

2020 Avg (December) 0.4265

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4408	0.4228	0.4309
February	0.4583	0.4222	0.4332
March	0.4566	0.4222	0.4311
April	0.4567	0.4217	0.4341
May	0.4589	0.4222	0.4491
June	0.4587	0.4556	0.4570
July	0.4574	0.4556	0.4569
August	0.4577	0.4566	0.4573
September	0.4584	0.4558	0.4573
October	0.4584	0.4559	0.4567
November	0.4585	0.4554	0.4566
December	0.4598	0.4551	0.4569