2021 NGN to THB Historical Review

YEARLY HIGH

0.0826 THB

YEARLY LOW

0.0727 THB

YEARLY AVERAGE

0.0793 THB

2021 NGN to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 27, valuing the pair at 0.0826. Conversely, the yearly low was recorded on February 20, dropping to 0.0727.

This high-to-low spread represents a total annual volatility of 0.0099 THB. From a start-to-finish perspective, comparing the January average rate of 0.0774 to the December average rate of 0.0816, the exchange rate registered a net change of 5.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0826 was down 8.26% compared to the 2020 peak of 0.0900, 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 82,599 THB

2020 Average 82,300 THB

Yearly Trough Low 72,709 THB

Transaction Impact: A difference of 9,890.95 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0821

0.0759

JanuMarcMayJulySeptNove

NGN to THB 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 0.0780, compared to 0.0806 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0780

H2 Avg (Jul–Dec) 0.0806

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.0072 THB (High: 0.0800 / Low: 0.0727). On the other end, December was the most stable month, with a tight range of 0.0020 THB (High: 0.0826 / Low: 0.0806).

February Spread (Volatile) ±0.0072

December Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between February and April, 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 0.0028 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0802) against the same month in 2020 (average: 0.0848), the exchange rate shifted by -0.0046 (-5.41%).

2021 Avg (April) 0.0802

2020 Avg (April) 0.0848

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0789	0.0759	0.0774
February	0.0800	0.0727	0.0770
March	0.0817	0.0751	0.0794
April	0.0826	0.0759	0.0802
May	0.0825	0.0757	0.0774
June	0.0783	0.0753	0.0764
July	0.0802	0.0780	0.0794
August	0.0814	0.0782	0.0804
September	0.0825	0.0785	0.0803
October	0.0825	0.0802	0.0814
November	0.0822	0.0792	0.0806
December	0.0826	0.0806	0.0816