2021 NGN to ARS Historical Review

YEARLY HIGH

0.2497 ARS

YEARLY LOW

0.2146 ARS

YEARLY AVERAGE

0.2356 ARS

2021 NGN to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.2497. Conversely, the yearly low was recorded on January 2, dropping to 0.2146.

This high-to-low spread represents a total annual volatility of 0.0352 ARS. From a start-to-finish perspective, comparing the January average rate of 0.2215 to the December average rate of 0.2477, the exchange rate registered a net change of 11.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2497 was up 13.49% compared to the 2020 peak of 0.2201, 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 249,745 ARS

2020 Average 185,423 ARS

Yearly Trough Low 214,558 ARS

Transaction Impact: A difference of 35,186.67 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2503

0.2189

JanuMarcMayJulySeptNove

NGN to ARS 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 0.2309, compared to 0.2403 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0094 points.

H1 Avg (Jan–Jun) 0.2309

H2 Avg (Jul–Dec) 0.2403

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0228 ARS (High: 0.2460 / Low: 0.2232). On the other end, August was the most stable month, with a tight range of 0.0026 ARS (High: 0.2376 / Low: 0.2351).

April Spread (Volatile) ±0.0228

August Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between June and December, 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 April and May, when the average rate fell by 0.0045 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.2477) against the same month in 2020 (average: 0.2151), the exchange rate shifted by +0.0326 (+15.14%).

2021 Avg (December) 0.2477

2020 Avg (December) 0.2151

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2294	0.2146	0.2215
February	0.2358	0.2163	0.2276
March	0.2412	0.2223	0.2347
April	0.2460	0.2232	0.2373
May	0.2474	0.2274	0.2328
June	0.2333	0.2296	0.2315
July	0.2350	0.2325	0.2339
August	0.2376	0.2351	0.2361
September	0.2401	0.2375	0.2386
October	0.2430	0.2397	0.2413
November	0.2463	0.2420	0.2441
December	0.2497	0.2456	0.2477