2021 NGN to MYR Historical Review

YEARLY HIGH

0.0109 MYR

YEARLY LOW

0.0098 MYR

YEARLY AVERAGE

0.0103 MYR

2021 NGN to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 0.0109. Conversely, the yearly low was recorded on February 20, dropping to 0.0098.

This high-to-low spread represents a total annual volatility of 0.0011 MYR. From a start-to-finish perspective, comparing the January average rate of 0.0104 to the December average rate of 0.0102, the exchange rate registered a net change of -1.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0109 was down 9.49% compared to the 2020 peak of 0.0121, 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 10,913 MYR

2020 Average 11,053 MYR

Yearly Trough Low 9,793 MYR

Transaction Impact: A difference of 1,119.27 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0107

0.0100

JanuMarcMayJulySeptNove

NGN to MYR 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 0.0104, compared to 0.0102 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0104

H2 Avg (Jul–Dec) 0.0102

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0009 MYR (High: 0.0109 / Low: 0.0100). On the other end, September was the most stable month, with a tight range of 0.0001 MYR (High: 0.0102 / Low: 0.0101).

March Spread (Volatile) ±0.0009

September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and December, 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 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0106) against the same month in 2020 (average: 0.0116), the exchange rate shifted by -0.0010 (-8.55%).

2021 Avg (March) 0.0106

2020 Avg (March) 0.0116

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0106	0.0102	0.0104
February	0.0107	0.0098	0.0104
March	0.0109	0.0100	0.0106
April	0.0109	0.0100	0.0106
May	0.0109	0.0100	0.0102
June	0.0101	0.0100	0.0100
July	0.0103	0.0101	0.0102
August	0.0103	0.0101	0.0103
September	0.0102	0.0101	0.0101
October	0.0102	0.0101	0.0101
November	0.0103	0.0101	0.0102
December	0.0103	0.0101	0.0102