2021 NGN to NIO Historical Review

YEARLY HIGH

0.0924 NIO

YEARLY LOW

0.0848 NIO

YEARLY AVERAGE

0.0871 NIO

2021 NGN to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.0924. Conversely, the yearly low was recorded on February 20, dropping to 0.0848.

This high-to-low spread represents a total annual volatility of 0.0077 NIO. From a start-to-finish perspective, comparing the January average rate of 0.0901 to the December average rate of 0.0859, the exchange rate registered a net change of -4.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0924 was down 2.10% compared to the 2020 peak of 0.0944, 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 92,431 NIO

2020 Average 90,505 NIO

Yearly Trough Low 84,760 NIO

Transaction Impact: A difference of 7,671.43 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0908

0.0847

JanuMarcMayJulySeptNove

NGN to NIO 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 0.0886, compared to 0.0855 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.0886

H2 Avg (Jul–Dec) 0.0855

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0076 NIO (High: 0.0924 / Low: 0.0848). On the other end, August was the most stable month, with a tight range of 0.0004 NIO (High: 0.0856 / Low: 0.0852).

May Spread (Volatile) ±0.0076

August Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0027 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0896) against the same month in 2020 (average: 0.0886), the exchange rate shifted by +0.0010 (+1.12%).

2021 Avg (April) 0.0896

2020 Avg (April) 0.0886

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0920	0.0879	0.0901
February	0.0920	0.0848	0.0897
March	0.0923	0.0850	0.0903
April	0.0924	0.0850	0.0896
May	0.0924	0.0848	0.0869
June	0.0859	0.0848	0.0853
July	0.0858	0.0848	0.0852
August	0.0856	0.0852	0.0853
September	0.0857	0.0851	0.0854
October	0.0858	0.0852	0.0856
November	0.0859	0.0854	0.0857
December	0.0868	0.0854	0.0859