2021 NGN to SVC Historical Review

YEARLY HIGH

0.0231 SVC

YEARLY LOW

0.0211 SVC

YEARLY AVERAGE

0.0217 SVC

2021 NGN to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on April 27, valuing the pair at 0.0231. Conversely, the yearly low was recorded on December 18, dropping to 0.0211.

This high-to-low spread represents a total annual volatility of 0.0019 SVC. From a start-to-finish perspective, comparing the January average rate of 0.0226 to the December average rate of 0.0213, 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 0.0231 was down 4.74% compared to the 2020 peak of 0.0242, 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 23,064 SVC

2020 Average 23,022 SVC

Yearly Trough Low 21,142 SVC

Transaction Impact: A difference of 1,921.56 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0227

0.0211

JanuMarcMayJulySeptNove

NGN to SVC 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 0.0222, compared to 0.0213 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0222

H2 Avg (Jul–Dec) 0.0213

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0018 SVC (High: 0.0230 / Low: 0.0212). On the other end, September was the most stable month, with a tight range of 0.0001 SVC (High: 0.0213 / Low: 0.0212).

May Spread (Volatile) ±0.0018

September Spread (Stable) ±0.0001

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 0.0007 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0224) against the same month in 2020 (average: 0.0227), the exchange rate shifted by -0.0003 (-1.41%).

2021 Avg (April) 0.0224

2020 Avg (April) 0.0227

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0230	0.0221	0.0226
February	0.0230	0.0213	0.0225
March	0.0230	0.0213	0.0226
April	0.0231	0.0213	0.0224
May	0.0230	0.0212	0.0217
June	0.0213	0.0212	0.0213
July	0.0213	0.0212	0.0213
August	0.0213	0.0212	0.0213
September	0.0213	0.0212	0.0213
October	0.0213	0.0212	0.0213
November	0.0213	0.0212	0.0213
December	0.0214	0.0211	0.0213