2021 NGN to TWD Historical Review

YEARLY HIGH

0.0753 TWD

YEARLY LOW

0.0668 TWD

YEARLY AVERAGE

0.0693 TWD

2021 NGN to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 0.0753. Conversely, the yearly low was recorded on June 6, dropping to 0.0668.

This high-to-low spread represents a total annual volatility of 0.0085 TWD. From a start-to-finish perspective, comparing the January average rate of 0.0722 to the December average rate of 0.0674, the exchange rate registered a net change of -6.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0753 was down 10.24% compared to the 2020 peak of 0.0839, 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 75,282 TWD

2020 Average 77,494 TWD

Yearly Trough Low 66,782 TWD

Transaction Impact: A difference of 8,500.16 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0734

0.0668

JanuMarcMayJulySeptNove

NGN to TWD 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 0.0709, compared to 0.0677 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.0709

H2 Avg (Jul–Dec) 0.0677

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0067 TWD (High: 0.0736 / Low: 0.0668). On the other end, November was the most stable month, with a tight range of 0.0007 TWD (High: 0.0680 / Low: 0.0673).

May Spread (Volatile) ±0.0067

November Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0033 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0728) against the same month in 2020 (average: 0.0812), the exchange rate shifted by -0.0084 (-10.36%).

2021 Avg (March) 0.0728

2020 Avg (March) 0.0812

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0736	0.0707	0.0722
February	0.0736	0.0677	0.0717
March	0.0753	0.0691	0.0728
April	0.0749	0.0688	0.0723
May	0.0736	0.0668	0.0690
June	0.0682	0.0668	0.0675
July	0.0684	0.0677	0.0680
August	0.0681	0.0671	0.0677
September	0.0677	0.0669	0.0673
October	0.0683	0.0675	0.0679
November	0.0680	0.0673	0.0677
December	0.0679	0.0669	0.0674