YEARLY HIGH
0.1173 UYU
YEARLY LOW
0.1032 UYU
YEARLY AVERAGE
0.1081 UYU

2021 NGN to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.1173. Conversely, the yearly low was recorded on August 31, dropping to 0.1032.

This high-to-low spread represents a total annual volatility of 0.0141 UYU. From a start-to-finish perspective, comparing the January average rate of 0.1091 to the December average rate of 0.1078, the exchange rate registered a net change of -1.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1173 was down 6.47% compared to the 2020 peak of 0.1254, 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 117,263 UYU
2020 Average 110,374 UYU
Yearly Trough Low 103,202 UYU
Transaction Impact: A difference of 14,061.01 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1151
0.1026
JanuMarcMayJulySeptNove

NGN to UYU 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 0.1101, compared to 0.1061 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0041 points.

H1 Avg (JanтАУJun) 0.1101
H2 Avg (JulтАУDec) 0.1061

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0098 UYU (High: 0.1160 / Low: 0.1062). On the other end, September was the most stable month, with a tight range of 0.0011 UYU (High: 0.1043 / Low: 0.1032).

May Spread (Volatile) ┬▒0.0098
September Spread (Stable) ┬▒0.0011

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 0.0041 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.1141) against the same month in 2020 (average: 0.1156), the exchange rate shifted by -0.0016 (-1.36%).

2021 Avg (March) 0.1141
2020 Avg (March) 0.1156

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Month High Low Average
January 0.1112 0.1068 0.1091
February 0.1133 0.1037 0.1096
March 0.1173 0.1079 0.1141
April 0.1164 0.1073 0.1130
May 0.1160 0.1062 0.1090
June 0.1068 0.1055 0.1060
July 0.1074 0.1058 0.1066
August 0.1066 0.1032 0.1052
September 0.1043 0.1032 0.1037
October 0.1072 0.1041 0.1059
November 0.1078 0.1058 0.1072
December 0.1085 0.1071 0.1078