2021 NGN to SAR Historical Review

YEARLY HIGH

0.0099 SAR

YEARLY LOW

0.0091 SAR

YEARLY AVERAGE

0.0093 SAR

2021 NGN to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 27, valuing the pair at 0.0099. Conversely, the yearly low was recorded on December 18, dropping to 0.0091.

This high-to-low spread represents a total annual volatility of 0.0008 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0097 to the December average rate of 0.0091, the exchange rate registered a net change of -5.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0099 was down 4.81% compared to the 2020 peak of 0.0104, 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 9,883 SAR

2020 Average 9,874 SAR

Yearly Trough Low 9,069 SAR

Transaction Impact: A difference of 814.48 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0097

0.0091

JanuMarcMayJulySeptNove

NGN to SAR 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 0.0091 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) 0.0095

H2 Avg (Jul–Dec) 0.0091

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0008 SAR (High: 0.0099 / Low: 0.0091). On the other end, August was the most stable month, with a tight range of 0.0000 SAR (High: 0.0091 / Low: 0.0091).

May Spread (Volatile) ±0.0008

August Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between August and November, 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 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0096) against the same month in 2020 (average: 0.0098), the exchange rate shifted by -0.0002 (-1.68%).

2021 Avg (April) 0.0096

2020 Avg (April) 0.0098

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0099	0.0095	0.0097
February	0.0099	0.0091	0.0096
March	0.0099	0.0091	0.0097
April	0.0099	0.0091	0.0096
May	0.0099	0.0091	0.0093
June	0.0091	0.0091	0.0091
July	0.0091	0.0091	0.0091
August	0.0091	0.0091	0.0091
September	0.0091	0.0091	0.0091
October	0.0091	0.0091	0.0091
November	0.0092	0.0091	0.0091
December	0.0092	0.0091	0.0091