YEARLY HIGH
32.1863 NGN
YEARLY LOW
17.8475 NGN
YEARLY AVERAGE
25.9472 NGN

2021 SCR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SCR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 8, valuing the pair at 32.1863. Conversely, the yearly low was recorded on March 20, dropping to 17.8475.

This high-to-low spread represents a total annual volatility of 14.3388 NGN. From a start-to-finish perspective, comparing the January average rate of 18.2682 to the December average rate of 30.5762, the exchange rate registered a net change of 67.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 32.1863 was up 10.26% compared to the 2020 peak of 29.1920, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 160,932 NGN
2020 Average 112,803 NGN
Yearly Trough Low 89,238 NGN
Transaction Impact: A difference of 71,693.90 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

32.6798
16.9581
JanuMarcMayJulySeptNove

SCR 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 21.8756, compared to 30.0188 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 8.1431 points.

H1 Avg (JanтАУJun) 21.8756
H2 Avg (JulтАУDec) 30.0188

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 11.0921 NGN (High: 29.4095 / Low: 18.3173). On the other end, January was the most stable month, with a tight range of 0.7645 NGN (High: 18.7083 / Low: 17.9438).

April Spread (Volatile) ┬▒11.0921
January Spread (Stable) ┬▒0.7645

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.5712 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -1.5712

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 30.5762) against the same month in 2020 (average: 18.1111), the exchange rate shifted by +12.4651 (+68.83%).

2021 Avg (December) 30.5762
2020 Avg (December) 18.1111

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

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Month High Low Average
January 18.7083 17.9438 18.2682
February 19.7263 17.9202 18.4176
March 19.2570 17.8475 18.3335
April 29.4095 18.3173 24.1266
May 27.9186 24.6333 25.6653
June 28.0518 24.9393 26.4426
July 30.4855 25.0990 27.8624
August 32.1308 26.8044 30.0372
September 32.1710 29.2625 31.3697
October 32.0983 27.4792 29.7985
November 32.0460 27.5253 30.4685
December 32.1863 27.5162 30.5762