YEARLY HIGH
10.7122 KHR
YEARLY LOW
9.8477 KHR
YEARLY AVERAGE
10.1001 KHR

2021 NGN to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 8, valuing the pair at 10.7122. Conversely, the yearly low was recorded on May 16, dropping to 9.8477.

This high-to-low spread represents a total annual volatility of 0.8645 KHR. From a start-to-finish perspective, comparing the January average rate of 10.4784 to the December average rate of 9.9060, the exchange rate registered a net change of -5.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 10.7122 was down 5.01% compared to the 2020 peak of 11.2777, 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 10,712,190 KHR
2020 Average 10,741,254 KHR
Yearly Trough Low 9,847,692 KHR
Transaction Impact: A difference of 864,498.29 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

10.5358
9.8469
JanuMarcMayJulySeptNove

NGN to KHR 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 10.2888, compared to 9.9113 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3775 points.

H1 Avg (Jan–Jun) 10.2888
H2 Avg (Jul–Dec) 9.9113

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.8559 KHR (High: 10.7122 / Low: 9.8563). On the other end, August was the most stable month, with a tight range of 0.0552 KHR (High: 9.9410 / Low: 9.8858).

February Spread (Volatile) ±0.8559
August Spread (Stable) ±0.0552

Growth Streaks & Declines

Trends

Between July and September, 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 0.3021 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 10.4497) against the same month in 2020 (average: 11.2073), the exchange rate shifted by -0.7576 (-6.76%).

2021 Avg (February) 10.4497
2020 Avg (February) 11.2073

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.7004 10.2293 10.4784
February 10.7122 9.8563 10.4497
March 10.7042 9.8867 10.4622
April 10.6760 9.8529 10.3644
May 10.6966 9.8477 10.0623
June 9.9488 9.8814 9.9160
July 9.9537 9.8846 9.9043
August 9.9410 9.8858 9.9092
September 9.9915 9.9003 9.9220
October 9.9730 9.8762 9.9201
November 9.9319 9.8592 9.9061
December 9.9324 9.8641 9.9060