2021 NGN to CZK Historical Review

YEARLY HIGH

0.0586 CZK

YEARLY LOW

0.0503 CZK

YEARLY AVERAGE

0.0538 CZK

2021 NGN to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.0586. Conversely, the yearly low was recorded on May 25, dropping to 0.0503.

This high-to-low spread represents a total annual volatility of 0.0083 CZK. From a start-to-finish perspective, comparing the January average rate of 0.0554 to the December average rate of 0.0543, the exchange rate registered a net change of -2.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0586 was down 17.63% compared to the 2020 peak of 0.0711, 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 58,570 CZK

2020 Average 61,063 CZK

Yearly Trough Low 50,316 CZK

Transaction Impact: A difference of 8,253.41 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0573

0.0509

JanuMarcMayJulySeptNove

NGN to CZK 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 0.0544, compared to 0.0533 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0544

H2 Avg (Jul–Dec) 0.0533

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0062 CZK (High: 0.0565 / Low: 0.0503). On the other end, July was the most stable month, with a tight range of 0.0011 CZK (High: 0.0531 / Low: 0.0521).

May Spread (Volatile) ±0.0062

July Spread (Stable) ±0.0011

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 0.0035 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0567) against the same month in 2020 (average: 0.0649), the exchange rate shifted by -0.0081 (-12.51%).

2021 Avg (March) 0.0567

2020 Avg (March) 0.0649

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0568	0.0540	0.0554
February	0.0569	0.0518	0.0549
March	0.0586	0.0534	0.0567
April	0.0582	0.0524	0.0556
May	0.0565	0.0503	0.0521
June	0.0526	0.0505	0.0514
July	0.0531	0.0521	0.0527
August	0.0532	0.0521	0.0526
September	0.0534	0.0519	0.0524
October	0.0541	0.0529	0.0535
November	0.0555	0.0529	0.0542
December	0.0549	0.0531	0.0543