2021 NGN to AED Historical Review

YEARLY HIGH

0.0097 AED

YEARLY LOW

0.0089 AED

YEARLY AVERAGE

0.0091 AED

2021 NGN to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on April 27, valuing the pair at 0.0097. Conversely, the yearly low was recorded on December 18, dropping to 0.0089.

This high-to-low spread represents a total annual volatility of 0.0008 AED. From a start-to-finish perspective, comparing the January average rate of 0.0095 to the December average rate of 0.0089, the exchange rate registered a net change of -5.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0097 was down 4.80% compared to the 2020 peak of 0.0102, 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 9,679 AED

2020 Average 9,665 AED

Yearly Trough Low 8,875 AED

Transaction Impact: A difference of 803.85 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0095

0.0089

JanuMarcMayJulySeptNove

NGN to AED 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: Jan–Jun) was 0.0093, compared to 0.0089 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0093

H2 Avg (Jul–Dec) 0.0089

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0008 AED (High: 0.0097 / Low: 0.0089). On the other end, August was the most stable month, with a tight range of 0.0000 AED (High: 0.0089 / Low: 0.0089).

May Spread (Volatile) ±0.0008

August Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between September and November, 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 April and May, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0094) against the same month in 2020 (average: 0.0095), the exchange rate shifted by -0.0001 (-1.43%).

2021 Avg (April) 0.0094

2020 Avg (April) 0.0095

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0097	0.0093	0.0095
February	0.0097	0.0089	0.0094
March	0.0097	0.0089	0.0095
April	0.0097	0.0089	0.0094
May	0.0097	0.0089	0.0091
June	0.0090	0.0089	0.0089
July	0.0090	0.0089	0.0089
August	0.0089	0.0089	0.0089
September	0.0090	0.0089	0.0089
October	0.0090	0.0089	0.0089
November	0.0090	0.0089	0.0089
December	0.0090	0.0089	0.0089