YEARLY HIGH
18.2774 PYG
YEARLY LOW
15.3473 PYG
YEARLY AVERAGE
16.8138 PYG

2021 NGN to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 29, valuing the pair at 18.2774. Conversely, the yearly low was recorded on April 9, dropping to 15.3473.

This high-to-low spread represents a total annual volatility of 2.9301 PYG. From a start-to-finish perspective, comparing the January average rate of 17.8061 to the December average rate of 16.5808, the exchange rate registered a net change of -6.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 18.2774 was down 1.32% compared to the 2020 peak of 18.5228, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 18,277,350 PYG
2020 Average 17,802,338 PYG
Yearly Trough Low 15,347,259 PYG
Transaction Impact: A difference of 2,930,091.54 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

17.9491
16.2326
JanuMarcMayJulySeptNove

NGN to PYG 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 16.9099, compared to 16.7178 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.1922 points.

H1 Avg (JanтАУJun) 16.9099
H2 Avg (JulтАУDec) 16.7178

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 2.0531 PYG (High: 18.2022 / Low: 16.1491). On the other end, August was the most stable month, with a tight range of 0.1191 PYG (High: 16.9027 / Low: 16.7836).

February Spread (Volatile) ┬▒2.0531
August Spread (Stable) ┬▒0.1191

Growth Streaks & Declines

Trends

Between June and August, 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 March and April, when the average rate fell by 0.5889 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5889

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 17.8061) against the same month in 2020 (average: 17.9651), the exchange rate shifted by -0.1590 (-0.89%).

2021 Avg (January) 17.8061
2020 Avg (January) 17.9651

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Month High Low Average
January 18.2774 17.3402 17.8061
February 18.2022 16.1491 17.2919
March 17.5621 15.9368 16.9645
April 17.1460 15.3473 16.3756
May 17.8156 15.8816 16.6107
June 16.5391 16.1838 16.4107
July 16.8303 16.3757 16.6272
August 16.9027 16.7836 16.8308
September 16.8366 16.6537 16.7643
October 16.8531 16.7184 16.8049
November 16.8023 16.5598 16.6985
December 16.7049 16.4681 16.5808