YEARLY HIGH
30.5706 NGN
YEARLY LOW
24.4537 NGN
YEARLY AVERAGE
27.3139 NGN

2021 NAD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NAD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 30.5706. Conversely, the yearly low was recorded on March 8, dropping to 24.4537.

This high-to-low spread represents a total annual volatility of 6.1169 NGN. From a start-to-finish perspective, comparing the January average rate of 25.7205 to the December average rate of 25.8575, the exchange rate registered a net change of 0.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 30.5706 was up 13.17% compared to the 2020 peak of 27.0128, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 152,853 NGN
2020 Average 115,950 NGN
Yearly Trough Low 122,269 NGN
Transaction Impact: A difference of 30,584.27 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

30.1301
25.3196
JanuMarcMayJulySeptNove

NAD 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 27.2692, compared to 27.3587 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0896 points.

H1 Avg (JanтАУJun) 27.2692
H2 Avg (JulтАУDec) 27.3587

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 3.6497 NGN (High: 29.9819 / Low: 26.3322). On the other end, December was the most stable month, with a tight range of 1.0525 NGN (High: 26.4835 / Low: 25.4310).

May Spread (Volatile) ┬▒3.6497
December Spread (Stable) ┬▒1.0525

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 June and July, when the average rate fell by 1.4378 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.4378

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 29.7292) against the same month in 2020 (average: 22.6368), the exchange rate shifted by +7.0924 (+31.33%).

2021 Avg (June) 29.7292
2020 Avg (June) 22.6368

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

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Month High Low Average
January 27.0048 25.0268 25.7205
February 28.0754 25.2820 26.4713
March 27.9376 24.4537 25.9073
April 28.6979 25.9727 26.9944
May 29.9819 26.3322 28.7923
June 30.5706 28.6436 29.7292
July 28.7879 27.6732 28.2914
August 28.6680 26.8404 28.0171
September 28.7240 27.1797 27.7664
October 28.4772 27.1369 27.6359
November 28.5675 25.2691 26.5841
December 26.4835 25.4310 25.8575