2021 NGN to BTN Historical Review

YEARLY HIGH

0.1975 BTN

YEARLY LOW

0.1755 BTN

YEARLY AVERAGE

0.1833 BTN

2021 NGN to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 0.1975. Conversely, the yearly low was recorded on May 30, dropping to 0.1755.

This high-to-low spread represents a total annual volatility of 0.0221 BTN. From a start-to-finish perspective, comparing the January average rate of 0.1885 to the December average rate of 0.1831, the exchange rate registered a net change of -2.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1975 was down 5.78% compared to the 2020 peak of 0.2096, 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 197,527 BTN

2020 Average 194,824 BTN

Yearly Trough Low 175,456 BTN

Transaction Impact: A difference of 22,071.24 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1916

0.1775

JanuMarcMayJulySeptNove

NGN to BTN 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 0.1855, compared to 0.1811 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 0.1855

H2 Avg (Jul–Dec) 0.1811

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0188 BTN (High: 0.1942 / Low: 0.1755). On the other end, July was the most stable month, with a tight range of 0.0015 BTN (High: 0.1820 / Low: 0.1804).

May Spread (Volatile) ±0.0188

July Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between February and April, 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 0.0091 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0091

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.1904) against the same month in 2020 (average: 0.1979), the exchange rate shifted by -0.0075 (-3.78%).

2021 Avg (April) 0.1904

2020 Avg (April) 0.1979

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1916	0.1849	0.1885
February	0.1917	0.1761	0.1865
March	0.1932	0.1764	0.1874
April	0.1975	0.1791	0.1904
May	0.1942	0.1755	0.1813
June	0.1811	0.1765	0.1789
July	0.1820	0.1804	0.1811
August	0.1809	0.1772	0.1802
September	0.1804	0.1773	0.1787
October	0.1835	0.1802	0.1821
November	0.1832	0.1795	0.1811
December	0.1852	0.1805	0.1831