2021 NGN to GYD Historical Review

YEARLY HIGH

0.5517 GYD

YEARLY LOW

0.5053 GYD

YEARLY AVERAGE

0.5191 GYD

2021 NGN to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 0.5517. Conversely, the yearly low was recorded on December 18, dropping to 0.5053.

This high-to-low spread represents a total annual volatility of 0.0464 GYD. From a start-to-finish perspective, comparing the January average rate of 0.5396 to the December average rate of 0.5088, the exchange rate registered a net change of -5.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5517 was down 4.69% compared to the 2020 peak of 0.5789, 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 551,721 GYD

2020 Average 550,103 GYD

Yearly Trough Low 505,323 GYD

Transaction Impact: A difference of 46,397.77 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5427

0.5050

JanuMarcMayJulySeptNove

NGN to GYD 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 0.5296, compared to 0.5086 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0210 points.

H1 Avg (Jan–Jun) 0.5296

H2 Avg (Jul–Dec) 0.5086

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0444 GYD (High: 0.5504 / Low: 0.5060). On the other end, September was the most stable month, with a tight range of 0.0026 GYD (High: 0.5098 / Low: 0.5072).

May Spread (Volatile) ±0.0444

September Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between August and November, 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 0.0181 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0181

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.5394) against the same month in 2020 (average: 0.5637), the exchange rate shifted by -0.0244 (-4.32%).

2021 Avg (March) 0.5394

2020 Avg (March) 0.5637

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5497	0.5273	0.5396
February	0.5503	0.5081	0.5367
March	0.5517	0.5090	0.5394
April	0.5514	0.5095	0.5359
May	0.5504	0.5060	0.5178
June	0.5104	0.5059	0.5084
July	0.5102	0.5074	0.5084
August	0.5098	0.5071	0.5081
September	0.5098	0.5072	0.5081
October	0.5103	0.5068	0.5089
November	0.5107	0.5071	0.5092
December	0.5106	0.5053	0.5088