2021 NGN to KGS Historical Review

YEARLY HIGH

0.2235 KGS

YEARLY LOW

0.2033 KGS

YEARLY AVERAGE

0.2099 KGS

2021 NGN to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on April 27, valuing the pair at 0.2235. Conversely, the yearly low was recorded on May 27, dropping to 0.2033.

This high-to-low spread represents a total annual volatility of 0.0201 KGS. From a start-to-finish perspective, comparing the January average rate of 0.2156 to the December average rate of 0.2062, the exchange rate registered a net change of -4.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2235 was down 3.37% compared to the 2020 peak of 0.2313, 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 223,453 KGS

2020 Average 202,496 KGS

Yearly Trough Low 203,327 KGS

Transaction Impact: A difference of 20,126.33 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2198

0.2044

JanuMarcMayJulySeptNove

NGN to KGS 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 0.2138, compared to 0.2061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0077 points.

H1 Avg (Jan–Jun) 0.2138

H2 Avg (Jul–Dec) 0.2061

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0196 KGS (High: 0.2229 / Low: 0.2033). On the other end, August was the most stable month, with a tight range of 0.0005 KGS (High: 0.2060 / Low: 0.2054).

May Spread (Volatile) ±0.0196

August Spread (Stable) ±0.0005

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 0.0079 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.2172) against the same month in 2020 (average: 0.2064), the exchange rate shifted by +0.0108 (+5.23%).

2021 Avg (April) 0.2172

2020 Avg (April) 0.2064

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2206	0.2097	0.2156
February	0.2220	0.2050	0.2162
March	0.2232	0.2064	0.2185
April	0.2235	0.2063	0.2172
May	0.2229	0.2033	0.2093
June	0.2064	0.2044	0.2056
July	0.2068	0.2051	0.2060
August	0.2060	0.2054	0.2058
September	0.2066	0.2056	0.2060
October	0.2067	0.2055	0.2063
November	0.2069	0.2055	0.2063
December	0.2070	0.2049	0.2062