YEARLY HIGH
0.0104 PLN
YEARLY LOW
0.0089 PLN
YEARLY AVERAGE
0.0096 PLN

2021 NGN to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 0.0104. Conversely, the yearly low was recorded on June 1, dropping to 0.0089.

This high-to-low spread represents a total annual volatility of 0.0015 PLN. From a start-to-finish perspective, comparing the January average rate of 0.0096 to the December average rate of 0.0099, the exchange rate registered a net change of 3.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0104 was down 11.50% compared to the 2020 peak of 0.0117, 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 10,357 PLN
2020 Average 10,254 PLN
Yearly Trough Low 8,867 PLN
Transaction Impact: A difference of 1,490.36 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0101
0.0090
JanuMarcMayJulySeptNove

NGN to PLN 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 0.0095, compared to 0.0096 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0095
H2 Avg (Jul–Dec) 0.0096

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0011 PLN (High: 0.0100 / Low: 0.0089). On the other end, October was the most stable month, with a tight range of 0.0001 PLN (High: 0.0097 / Low: 0.0096).

May Spread (Volatile) ±0.0011
October 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 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0100) against the same month in 2020 (average: 0.0108), the exchange rate shifted by -0.0008 (-7.84%).

2021 Avg (March) 0.0100
2020 Avg (March) 0.0108

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0099 0.0093 0.0096
February 0.0098 0.0090 0.0095
March 0.0104 0.0095 0.0100
April 0.0103 0.0092 0.0098
May 0.0100 0.0089 0.0092
June 0.0094 0.0089 0.0091
July 0.0095 0.0092 0.0094
August 0.0095 0.0093 0.0094
September 0.0097 0.0092 0.0094
October 0.0097 0.0096 0.0096
November 0.0102 0.0096 0.0099
December 0.0100 0.0098 0.0099