YEARLY HIGH
0.2235 BDT
YEARLY LOW
0.2051 BDT
YEARLY AVERAGE
0.2111 BDT

2021 NGN to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on April 27, valuing the pair at 0.2235. Conversely, the yearly low was recorded on May 30, dropping to 0.2051.

This high-to-low spread represents a total annual volatility of 0.0184 BDT. From a start-to-finish perspective, comparing the January average rate of 0.2187 to the December average rate of 0.2086, the exchange rate registered a net change of -4.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2235 was down 4.86% compared to the 2020 peak of 0.2349, 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 223,498 BDT
2020 Average 223,252 BDT
Yearly Trough Low 205,144 BDT
Transaction Impact: A difference of 18,353.81 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2200
0.2049
JanuMarcMayJulySeptNove

NGN to BDT 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 0.2146, compared to 0.2076 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 0.2146
H2 Avg (Jul–Dec) 0.2076

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0178 BDT (High: 0.2230 / Low: 0.2051). On the other end, July was the most stable month, with a tight range of 0.0009 BDT (High: 0.2067 / Low: 0.2058).

May Spread (Volatile) ±0.0178
July Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0071 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.2170) against the same month in 2020 (average: 0.2206), the exchange rate shifted by -0.0036 (-1.62%).

2021 Avg (April) 0.2170
2020 Avg (April) 0.2206

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2228 0.2133 0.2187
February 0.2230 0.2056 0.2175
March 0.2232 0.2062 0.2185
April 0.2235 0.2064 0.2170
May 0.2230 0.2051 0.2099
June 0.2068 0.2052 0.2061
July 0.2067 0.2058 0.2062
August 0.2074 0.2058 0.2065
September 0.2085 0.2067 0.2072
October 0.2089 0.2075 0.2083
November 0.2093 0.2078 0.2087
December 0.2096 0.2074 0.2086