2021 NGN to BWP Historical Review

YEARLY HIGH

0.0295 BWP

YEARLY LOW

0.0256 BWP

YEARLY AVERAGE

0.0275 BWP

2021 NGN to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.0295. Conversely, the yearly low was recorded on June 7, dropping to 0.0256.

This high-to-low spread represents a total annual volatility of 0.0039 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0283 to the December average rate of 0.0285, the exchange rate registered a net change of 0.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0295 was down 11.74% compared to the 2020 peak of 0.0334, 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 29,492 BWP

2020 Average 30,097 BWP

Yearly Trough Low 25,567 BWP

Transaction Impact: A difference of 3,924.90 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0288

0.0258

JanuMarcMayJulySeptNove

NGN to BWP 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 0.0276, compared to 0.0275 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0276

H2 Avg (Jul–Dec) 0.0275

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0030 BWP (High: 0.0287 / Low: 0.0257). On the other end, December was the most stable month, with a tight range of 0.0005 BWP (High: 0.0287 / Low: 0.0283).

May Spread (Volatile) ±0.0030

December Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0013 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0285) against the same month in 2020 (average: 0.0309), the exchange rate shifted by -0.0024 (-7.79%).

2021 Avg (March) 0.0285

2020 Avg (March) 0.0309

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0290	0.0272	0.0283
February	0.0289	0.0263	0.0280
March	0.0295	0.0267	0.0285
April	0.0289	0.0264	0.0279
May	0.0287	0.0257	0.0266
June	0.0266	0.0256	0.0261
July	0.0271	0.0263	0.0268
August	0.0276	0.0266	0.0271
September	0.0276	0.0265	0.0269
October	0.0277	0.0271	0.0274
November	0.0288	0.0275	0.0281
December	0.0287	0.0283	0.0285