YEARLY HIGH
0.0205 GTQ
YEARLY LOW
0.0187 GTQ
YEARLY AVERAGE
0.0192 GTQ

2021 NGN to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.0205. Conversely, the yearly low was recorded on May 16, dropping to 0.0187.

This high-to-low spread represents a total annual volatility of 0.0018 GTQ. From a start-to-finish perspective, comparing the January average rate of 0.0201 to the December average rate of 0.0188, the exchange rate registered a net change of -6.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0205 was down 5.16% compared to the 2020 peak of 0.0216, 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 20,464 GTQ
2020 Average 20,319 GTQ
Yearly Trough Low 18,674 GTQ
Transaction Impact: A difference of 1,790.07 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0202
0.0187
JanuMarcMayJulySeptNove

NGN to GTQ 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 0.0196, compared to 0.0188 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0196
H2 Avg (Jul–Dec) 0.0188

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.0017 GTQ (High: 0.0205 / Low: 0.0187). On the other end, September was the most stable month, with a tight range of 0.0001 GTQ (High: 0.0188 / Low: 0.0188).

February Spread (Volatile) ±0.0017
September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and November, 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 0.0007 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.0199) against the same month in 2020 (average: 0.0210), the exchange rate shifted by -0.0011 (-5.35%).

2021 Avg (February) 0.0199
2020 Avg (February) 0.0210

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0205 0.0196 0.0201
February 0.0205 0.0187 0.0199
March 0.0203 0.0188 0.0199
April 0.0203 0.0188 0.0198
May 0.0203 0.0187 0.0191
June 0.0189 0.0187 0.0188
July 0.0189 0.0188 0.0188
August 0.0189 0.0188 0.0188
September 0.0188 0.0188 0.0188
October 0.0189 0.0188 0.0188
November 0.0189 0.0188 0.0188
December 0.0189 0.0187 0.0188