2021 NGN to UZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 NGN to UZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the NGN to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 13, valuing the pair at 27.7654. Conversely, the yearly low was recorded on June 7, dropping to 25.5427.
This high-to-low spread represents a total annual volatility of 2.2226 UZS. From a start-to-finish perspective, comparing the January average rate of 27.0376 to the December average rate of 26.2876, the exchange rate registered a net change of -2.77% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 27.7654 was up 0.57% compared to the 2020 peak of 27.6093, indicating shifts in long-term support levels.
Comparing the value generated converting 1,000,000 NGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
NGN to UZS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 26.6466, compared to 26.0090 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6376 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was May, with a trading range of 2.2208 UZS (High: 27.7654 / Low: 25.5445). On the other end, September was the most stable month, with a tight range of 0.1374 UZS (High: 26.0167 / Low: 25.8793).
Growth Streaks & Declines
TrendsBetween June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.7701 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2021: 26.1341) against the same month in 2020 (average: 26.0105), the exchange rate shifted by +0.1236 (+0.48%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 27.6544 | 26.3918 | 27.0376 |
| February | 27.6772 | 25.5792 | 27.0219 |
| March | 27.7274 | 25.5898 | 27.0692 |
| April | 27.7525 | 25.5445 | 26.9042 |
| May | 27.7654 | 25.5445 | 26.1341 |
| June | 25.8537 | 25.5427 | 25.7126 |
| July | 25.9273 | 25.7217 | 25.8160 |
| August | 25.9572 | 25.8024 | 25.8739 |
| September | 26.0167 | 25.8793 | 25.9473 |
| October | 26.0579 | 25.8496 | 26.0082 |
| November | 26.3290 | 25.9120 | 26.1211 |
| December | 26.4043 | 26.1298 | 26.2876 |