2021 NGN to NAD Historical Review

YEARLY HIGH

0.0409 NAD

YEARLY LOW

0.0327 NAD

YEARLY AVERAGE

0.0367 NAD

2021 NGN to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.0409. Conversely, the yearly low was recorded on June 6, dropping to 0.0327.

This high-to-low spread represents a total annual volatility of 0.0082 NAD. From a start-to-finish perspective, comparing the January average rate of 0.0389 to the December average rate of 0.0387, the exchange rate registered a net change of -0.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0409 was down 20.99% compared to the 2020 peak of 0.0518, 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 40,894 NAD

2020 Average 43,312 NAD

Yearly Trough Low 32,711 NAD

Transaction Impact: A difference of 8,182.37 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0394

0.0331

JanuMarcMayJulySeptNove

NGN to NAD 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 0.0368, compared to 0.0366 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) 0.0368

H2 Avg (Jul–Dec) 0.0366

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0051 NAD (High: 0.0409 / Low: 0.0358). On the other end, July was the most stable month, with a tight range of 0.0014 NAD (High: 0.0361 / Low: 0.0347).

March Spread (Volatile) ±0.0051

July Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0023 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0386) against the same month in 2020 (average: 0.0448), the exchange rate shifted by -0.0062 (-13.85%).

2021 Avg (March) 0.0386

2020 Avg (March) 0.0448

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0400	0.0370	0.0389
February	0.0396	0.0356	0.0378
March	0.0409	0.0358	0.0386
April	0.0385	0.0348	0.0371
May	0.0380	0.0334	0.0348
June	0.0349	0.0327	0.0337
July	0.0361	0.0347	0.0354
August	0.0373	0.0349	0.0357
September	0.0368	0.0348	0.0360
October	0.0369	0.0351	0.0362
November	0.0396	0.0350	0.0376
December	0.0393	0.0378	0.0387