2021 NGN to NZD Historical Review

YEARLY HIGH

0.0038 NZD

YEARLY LOW

0.0033 NZD

YEARLY AVERAGE

0.0035 NZD

2021 NGN to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.0038. Conversely, the yearly low was recorded on February 20, dropping to 0.0033.

This high-to-low spread represents a total annual volatility of 0.0004 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0036 to the December average rate of 0.0036, the exchange rate registered a net change of -0.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0038 was down 21.85% compared to the 2020 peak of 0.0048, 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 3,759 NZD

2020 Average 4,056 NZD

Yearly Trough Low 3,319 NZD

Transaction Impact: A difference of 440.79 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0036

0.0034

JanuMarcMayJulySeptNove

NGN to NZD 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 0.0035, compared to 0.0035 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0035

H2 Avg (Jul–Dec) 0.0035

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0004 NZD (High: 0.0038 / Low: 0.0034). On the other end, July was the most stable month, with a tight range of 0.0001 NZD (High: 0.0035 / Low: 0.0034).

March Spread (Volatile) ±0.0004

July 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 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0036) against the same month in 2020 (average: 0.0045), the exchange rate shifted by -0.0009 (-19.09%).

2021 Avg (March) 0.0036

2020 Avg (March) 0.0045

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0037	0.0035	0.0036
February	0.0037	0.0033	0.0035
March	0.0038	0.0034	0.0036
April	0.0037	0.0034	0.0036
May	0.0037	0.0033	0.0034
June	0.0035	0.0033	0.0034
July	0.0035	0.0034	0.0035
August	0.0036	0.0034	0.0035
September	0.0035	0.0034	0.0034
October	0.0035	0.0034	0.0034
November	0.0036	0.0034	0.0035
December	0.0036	0.0035	0.0036