2021 NGN to VEF Historical Review

YEARLY HIGH

638.8674 VEF

YEARLY LOW

0.0024 VEF

YEARLY AVERAGE

5.0875 VEF

2021 NGN to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 638.8674. Conversely, the yearly low was recorded on December 18, dropping to 0.0024.

This high-to-low spread represents a total annual volatility of 638.8650 VEF. From a start-to-finish perspective, comparing the January average rate of 61.0230 to the December average rate of 0.0024, the exchange rate registered a net change of -100.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 638.8674 was down 7.11% compared to the 2020 peak of 687.7563, 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 638,867,412 VEF

2020 Average 653,842,154 VEF

Yearly Trough Low 2,416 VEF

Transaction Impact: A difference of 638,864,995.91 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

67.1250

-6.0996

JanuMarcMayJulySeptNove

NGN to VEF 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 10.1726, compared to 0.0024 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.1702 points.

H1 Avg (Jan–Jun) 10.1726

H2 Avg (Jul–Dec) 0.0024

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 638.8649 VEF (High: 638.8674 / Low: 0.0025). On the other end, August was the most stable month, with a tight range of 0.0000 VEF (High: 0.0024 / Low: 0.0024).

January Spread (Volatile) ±638.8649

August Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between September and November, 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 January and February, when the average rate fell by 61.0204 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -61.0204

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 61.0230) against the same month in 2020 (average: 685.9323), the exchange rate shifted by -624.9093 (-91.10%).

2021 Avg (January) 61.0230

2020 Avg (January) 685.9323

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	638.8674	0.0025	61.0230
February	0.0026	0.0024	0.0026
March	0.0026	0.0024	0.0026
April	0.0026	0.0024	0.0026
May	0.0026	0.0024	0.0025
June	0.0024	0.0024	0.0024
July	0.0024	0.0024	0.0024
August	0.0024	0.0024	0.0024
September	0.0024	0.0024	0.0024
October	0.0024	0.0024	0.0024
November	0.0024	0.0024	0.0024
December	0.0024	0.0024	0.0024