2021 NGN to HUF Historical Review

YEARLY HIGH

0.8155 HUF

YEARLY LOW

0.6881 HUF

YEARLY AVERAGE

0.7525 HUF

2021 NGN to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.8155. Conversely, the yearly low was recorded on June 1, dropping to 0.6881.

This high-to-low spread represents a total annual volatility of 0.1273 HUF. From a start-to-finish perspective, comparing the January average rate of 0.7615 to the December average rate of 0.7901, the exchange rate registered a net change of 3.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.8155 was down 11.60% compared to the 2020 peak of 0.9225, 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 815,498 HUF

2020 Average 810,018 HUF

Yearly Trough Low 688,150 HUF

Transaction Impact: A difference of 127,347.90 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.8013

0.6986

JanuMarcMayJulySeptNove

NGN to HUF 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 0.7526, compared to 0.7523 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.7526

H2 Avg (Jul–Dec) 0.7523

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0965 HUF (High: 0.7855 / Low: 0.6890). On the other end, December was the most stable month, with a tight range of 0.0158 HUF (High: 0.7968 / Low: 0.7811).

May Spread (Volatile) ±0.0965

December Spread (Stable) ±0.0158

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0513 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0513

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.7927) against the same month in 2020 (average: 0.8430), the exchange rate shifted by -0.0503 (-5.96%).

2021 Avg (March) 0.7927

2020 Avg (March) 0.8430

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7826	0.7422	0.7615
February	0.7877	0.7172	0.7605
March	0.8155	0.7536	0.7927
April	0.8060	0.7337	0.7725
May	0.7855	0.6890	0.7212
June	0.7316	0.6881	0.7071
July	0.7443	0.7204	0.7345
August	0.7339	0.7165	0.7264
September	0.7547	0.7110	0.7274
October	0.7665	0.7445	0.7569
November	0.8029	0.7517	0.7786
December	0.7968	0.7811	0.7901