YEARLY HIGH
5.7049 NGN
YEARLY LOW
5.0444 NGN
YEARLY AVERAGE
5.4556 NGN

2021 INR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the INR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 30, valuing the pair at 5.7049. Conversely, the yearly low was recorded on April 21, dropping to 5.0444.

This high-to-low spread represents a total annual volatility of 0.6605 NGN. From a start-to-finish perspective, comparing the January average rate of 5.3047 to the December average rate of 5.4534, the exchange rate registered a net change of 2.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 5.7049 was up 6.26% compared to the 2020 peak of 5.3688, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 1,426,228 NGN
2020 Average 1,282,441 NGN
Yearly Trough Low 1,261,100 NGN
Transaction Impact: A difference of 165,127.62 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

5.6267
5.2120
JanuMarcMayJulySeptNove

INR 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 5.3913, compared to 5.5200 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.1287 points.

H1 Avg (JanтАУJun) 5.3913
H2 Avg (JulтАУDec) 5.5200

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.5517 NGN (High: 5.7049 / Low: 5.1532). On the other end, July was the most stable month, with a tight range of 0.0659 NGN (High: 5.5428 / Low: 5.4769).

May Spread (Volatile) ┬▒0.5517
July Spread (Stable) ┬▒0.0659

Growth Streaks & Declines

Trends

Between April and June, 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 September and October, when the average rate fell by 0.1061 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 5.5235) against the same month in 2020 (average: 5.1396), the exchange rate shifted by +0.3840 (+7.47%).

2021 Avg (May) 5.5235
2020 Avg (May) 5.1396

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 5.4274 5.2104 5.3047
February 5.6831 5.1780 5.3538
March 5.6753 5.1888 5.3313
April 5.5863 5.0444 5.2465
May 5.7049 5.1532 5.5235
June 5.6660 5.5150 5.5877
July 5.5428 5.4769 5.5177
August 5.6350 5.5241 5.5530
September 5.6381 5.5379 5.5921
October 5.5395 5.4477 5.4860
November 5.5779 5.4613 5.5176
December 5.5362 5.3887 5.4534