2021 NGN to QAR Historical Review

YEARLY HIGH

0.0096 QAR

YEARLY LOW

0.0088 QAR

YEARLY AVERAGE

0.0090 QAR

2021 NGN to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 27, valuing the pair at 0.0096. Conversely, the yearly low was recorded on September 29, dropping to 0.0088.

This high-to-low spread represents a total annual volatility of 0.0008 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0094 to the December average rate of 0.0089, the exchange rate registered a net change of -5.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0096 was down 4.80% compared to the 2020 peak of 0.0101, 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 9,594 QAR

2020 Average 9,581 QAR

Yearly Trough Low 8,798 QAR

Transaction Impact: A difference of 796.59 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0094

0.0088

JanuMarcMayJulySeptNove

NGN to QAR 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 0.0092, compared to 0.0089 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0092

H2 Avg (Jul–Dec) 0.0089

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0008 QAR (High: 0.0096 / Low: 0.0088). On the other end, December was the most stable month, with a tight range of 0.0001 QAR (High: 0.0089 / Low: 0.0088).

May Spread (Volatile) ±0.0008

December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 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 2 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0093) against the same month in 2020 (average: 0.0095), the exchange rate shifted by -0.0001 (-1.45%).

2021 Avg (April) 0.0093

2020 Avg (April) 0.0095

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0096	0.0092	0.0094
February	0.0096	0.0088	0.0093
March	0.0096	0.0089	0.0094
April	0.0096	0.0089	0.0093
May	0.0096	0.0088	0.0090
June	0.0089	0.0088	0.0089
July	0.0090	0.0088	0.0089
August	0.0090	0.0088	0.0089
September	0.0090	0.0088	0.0089
October	0.0089	0.0088	0.0089
November	0.0089	0.0088	0.0089
December	0.0089	0.0088	0.0089