YEARLY HIGH
60.9715 VND
YEARLY LOW
54.8791 VND
YEARLY AVERAGE
56.9342 VND

2021 NGN to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on March 16, valuing the pair at 60.9715. Conversely, the yearly low was recorded on November 8, dropping to 54.8791.

This high-to-low spread represents a total annual volatility of 6.0924 VND. From a start-to-finish perspective, comparing the January average rate of 59.5642 to the December average rate of 55.7278, the exchange rate registered a net change of -6.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 60.9715 was down 5.34% compared to the 2020 peak of 64.4127, 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 60,971,497 VND
2020 Average 61,100,531 VND
Yearly Trough Low 54,879,135 VND
Transaction Impact: A difference of 6,092,362.09 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

60.0003
54.7666
JanuMarcMayJulySeptNove

NGN to VND 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 58.3464, compared to 55.5219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.8245 points.

H1 Avg (Jan–Jun) 58.3464
H2 Avg (Jul–Dec) 55.5219

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 5.0944 VND (High: 60.7361 / Low: 55.6417). On the other end, September was the most stable month, with a tight range of 0.4736 VND (High: 55.5780 / Low: 55.1043).

May Spread (Volatile) ±5.0944
September Spread (Stable) ±0.4736

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 1.9409 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.9409

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 59.4321) against the same month in 2020 (average: 62.9283), the exchange rate shifted by -3.4962 (-5.56%).

2021 Avg (March) 59.4321
2020 Avg (March) 62.9283

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 60.7297 58.3237 59.5642
February 60.5597 55.9075 59.0503
March 60.9715 56.2215 59.4321
April 60.8910 55.9697 59.0104
May 60.7361 55.6417 57.0695
June 56.3820 55.6002 55.9521
July 56.3335 55.6974 55.9259
August 55.9931 55.2051 55.5277
September 55.5780 55.1043 55.3498
October 55.8920 55.0534 55.3977
November 55.4917 54.8791 55.2028
December 56.2338 55.2737 55.7278