YEARLY HIGH
51.8307 NGN
YEARLY LOW
46.7241 NGN
YEARLY AVERAGE
50.2684 NGN

2021 SBD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SBD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 30, valuing the pair at 51.8307. Conversely, the yearly low was recorded on March 3, dropping to 46.7241.

This high-to-low spread represents a total annual volatility of 5.1066 NGN. From a start-to-finish perspective, comparing the January average rate of 48.4516 to the December average rate of 50.8398, the exchange rate registered a net change of 4.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 51.8307 was up 5.44% compared to the 2020 peak of 49.1558, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 259,153 NGN
2020 Average 231,015 NGN
Yearly Trough Low 233,621 NGN
Transaction Impact: A difference of 25,532.88 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

51.7346
48.1532
JanuMarcMayJulySeptNove

SBD 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 49.4837, compared to 51.0532 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 1.5695 points.

H1 Avg (JanтАУJun) 49.4837
H2 Avg (JulтАУDec) 51.0532

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 4.9501 NGN (High: 51.6742 / Low: 46.7241). On the other end, August was the most stable month, with a tight range of 0.1390 NGN (High: 51.1647 / Low: 51.0257).

March Spread (Volatile) ┬▒4.9501
August Spread (Stable) ┬▒0.1390

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 0.2923 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2923

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 50.7190) against the same month in 2020 (average: 46.7404), the exchange rate shifted by +3.9785 (+8.51%).

2021 Avg (May) 50.7190
2020 Avg (May) 46.7404

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 49.6710 47.4361 48.4516
February 51.5089 47.3761 48.7135
March 51.6742 46.7241 48.6487
April 51.3991 47.5617 48.9331
May 51.8307 47.6328 50.7190
June 51.7456 51.1164 51.4362
July 51.2521 51.0243 51.1439
August 51.1647 51.0257 51.1035
September 51.2055 50.9439 51.0751
October 51.3755 50.9147 51.0549
November 51.3733 50.8261 51.1018
December 51.1323 50.5595 50.8398