2021 NGN to JPY Historical Review

YEARLY HIGH

0.2906 JPY

YEARLY LOW

0.2559 JPY

YEARLY AVERAGE

0.2724 JPY

2021 NGN to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on April 2, valuing the pair at 0.2906. Conversely, the yearly low was recorded on February 20, dropping to 0.2559.

This high-to-low spread represents a total annual volatility of 0.0347 JPY. From a start-to-finish perspective, comparing the January average rate of 0.2677 to the December average rate of 0.2768, the exchange rate registered a net change of 3.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2906 was down 5.43% compared to the 2020 peak of 0.3073, 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 290,566 JPY

2020 Average 280,970 JPY

Yearly Trough Low 255,855 JPY

Transaction Impact: A difference of 34,711.03 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2819

0.2656

JanuMarcMayJulySeptNove

NGN to JPY 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 0.2727, compared to 0.2720 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.2727

H2 Avg (Jul–Dec) 0.2720

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0261 JPY (High: 0.2906 / Low: 0.2645). On the other end, August was the most stable month, with a tight range of 0.0038 JPY (High: 0.2687 / Low: 0.2649).

April Spread (Volatile) ±0.0261

August Spread (Stable) ±0.0038

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 0.0091 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0091

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.2795) against the same month in 2020 (average: 0.2803), the exchange rate shifted by -0.0009 (-0.31%).

2021 Avg (April) 0.2795

2020 Avg (April) 0.2803

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2752	0.2602	0.2677
February	0.2797	0.2559	0.2706
March	0.2885	0.2649	0.2806
April	0.2906	0.2645	0.2795
May	0.2882	0.2637	0.2704
June	0.2709	0.2649	0.2678
July	0.2715	0.2658	0.2682
August	0.2687	0.2649	0.2669
September	0.2720	0.2653	0.2677
October	0.2787	0.2690	0.2753
November	0.2811	0.2747	0.2774
December	0.2799	0.2746	0.2768