YEARLY HIGH
27.5422 SLL
YEARLY LOW
24.7480 SLL
YEARLY AVERAGE
25.8603 SLL

2021 NGN to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 27.5422. Conversely, the yearly low was recorded on February 20, dropping to 24.7480.

This high-to-low spread represents a total annual volatility of 2.7942 SLL. From a start-to-finish perspective, comparing the January average rate of 26.2662 to the December average rate of 27.3103, the exchange rate registered a net change of 3.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 27.5422 was up 1.14% compared to the 2020 peak of 27.2323, 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 27,542,209 SLL
2020 Average 24,244,814 SLL
Yearly Trough Low 24,747,979 SLL
Transaction Impact: A difference of 2,794,229.62 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

27.5471
24.7054
JanuMarcMayJulySeptNove

NGN to SLL 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 25.8859, compared to 25.8347 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0513 points.

H1 Avg (JanтАУJun) 25.8859
H2 Avg (JulтАУDec) 25.8347

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 2.1461 SLL (High: 26.9342 / Low: 24.7881). On the other end, July was the most stable month, with a tight range of 0.1279 SLL (High: 25.0194 / Low: 24.8914).

May Spread (Volatile) ┬▒2.1461
July Spread (Stable) ┬▒0.1279

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.8392 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.8392

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 27.3103) against the same month in 2020 (average: 26.3868), the exchange rate shifted by +0.9234 (+3.50%).

2021 Avg (December) 27.3103
2020 Avg (December) 26.3868

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 26.8513 25.4587 26.2662
February 26.8366 24.7480 26.1894
March 26.9553 24.8866 26.3359
April 26.9335 24.8613 26.1796
May 26.9342 24.7881 25.3404
June 25.1980 24.8091 25.0039
July 25.0194 24.8914 24.9422
August 25.0826 24.8884 24.9547
September 25.7104 25.0505 25.2873
October 26.2993 25.6381 25.8652
November 27.1275 26.1718 26.6482
December 27.5422 27.0048 27.3103