YEARLY HIGH
0.0442 NGN
YEARLY LOW
0.0370 NGN
YEARLY AVERAGE
0.0410 NGN

2021 GNF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GNF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.0442. Conversely, the yearly low was recorded on February 2, dropping to 0.0370.

This high-to-low spread represents a total annual volatility of 0.0072 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0380 to the December average rate of 0.0437, the exchange rate registered a net change of 14.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0442 was up 6.68% compared to the 2020 peak of 0.0414, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 221 NGN
2020 Average 198 NGN
Yearly Trough Low 185 NGN
Transaction Impact: A difference of 36.03 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0443
0.0374
JanuMarcMayJulySeptNove

GNF 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: JanтАУJun) was 0.0395, compared to 0.0425 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0031 points.

H1 Avg (JanтАУJun) 0.0395
H2 Avg (JulтАУDec) 0.0425

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0037 NGN (High: 0.0421 / Low: 0.0384). On the other end, September was the most stable month, with a tight range of 0.0002 NGN (High: 0.0422 / Low: 0.0420).

May Spread (Volatile) ┬▒0.0037
September Spread (Stable) ┬▒0.0002

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0437) against the same month in 2020 (average: 0.0386), the exchange rate shifted by +0.0051 (+13.17%).

2021 Avg (December) 0.0437
2020 Avg (December) 0.0386

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 0.0397 0.0371 0.0380
February 0.0406 0.0370 0.0383
March 0.0409 0.0376 0.0385
April 0.0411 0.0380 0.0392
May 0.0421 0.0384 0.0410
June 0.0421 0.0417 0.0419
July 0.0422 0.0416 0.0419
August 0.0422 0.0420 0.0421
September 0.0422 0.0420 0.0421
October 0.0427 0.0420 0.0423
November 0.0436 0.0427 0.0431
December 0.0442 0.0432 0.0437