2021 NGN to EGP Historical Review

YEARLY HIGH

0.0414 EGP

YEARLY LOW

0.0379 EGP

YEARLY AVERAGE

0.0390 EGP

2021 NGN to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.0414. Conversely, the yearly low was recorded on May 16, dropping to 0.0379.

This high-to-low spread represents a total annual volatility of 0.0035 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0405 to the December average rate of 0.0382, the exchange rate registered a net change of -5.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0414 was down 6.64% compared to the 2020 peak of 0.0444, 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 41,418 EGP

2020 Average 41,601 EGP

Yearly Trough Low 37,892 EGP

Transaction Impact: A difference of 3,525.33 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0408

0.0378

JanuMarcMayJulySeptNove

NGN to EGP 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 0.0397, compared to 0.0382 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0397

H2 Avg (Jul–Dec) 0.0382

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.0035 EGP (High: 0.0414 / Low: 0.0379). On the other end, August was the most stable month, with a tight range of 0.0001 EGP (High: 0.0382 / Low: 0.0381).

February Spread (Volatile) ±0.0035

August Spread (Stable) ±0.0001

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 0.0014 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0405) against the same month in 2020 (average: 0.0423), the exchange rate shifted by -0.0018 (-4.33%).

2021 Avg (March) 0.0405

2020 Avg (March) 0.0423

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0413	0.0395	0.0405
February	0.0414	0.0379	0.0402
March	0.0414	0.0382	0.0405
April	0.0413	0.0381	0.0402
May	0.0412	0.0379	0.0388
June	0.0383	0.0379	0.0381
July	0.0383	0.0381	0.0382
August	0.0382	0.0381	0.0382
September	0.0383	0.0381	0.0382
October	0.0383	0.0381	0.0382
November	0.0384	0.0381	0.0383
December	0.0384	0.0380	0.0382