2021 NGN to WST Historical Review

YEARLY HIGH

0.0067 WST

YEARLY LOW

0.0061 WST

YEARLY AVERAGE

0.0063 WST

2021 NGN to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on March 27, valuing the pair at 0.0067. Conversely, the yearly low was recorded on May 30, dropping to 0.0061.

This high-to-low spread represents a total annual volatility of 0.0007 WST. From a start-to-finish perspective, comparing the January average rate of 0.0065 to the December average rate of 0.0063, the exchange rate registered a net change of -2.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0067 was down 12.30% compared to the 2020 peak of 0.0077, 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 6,736 WST

2020 Average 7,003 WST

Yearly Trough Low 6,086 WST

Transaction Impact: A difference of 650.72 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0065

0.0061

JanuMarcMayJulySeptNove

NGN to WST 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 0.0064, compared to 0.0062 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0064

H2 Avg (Jul–Dec) 0.0062

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0006 WST (High: 0.0067 / Low: 0.0061). On the other end, October was the most stable month, with a tight range of 0.0001 WST (High: 0.0063 / Low: 0.0062).

March Spread (Volatile) ±0.0006

October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between June and August, 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 0.0003 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0065) against the same month in 2020 (average: 0.0073), the exchange rate shifted by -0.0008 (-11.26%).

2021 Avg (March) 0.0065

2020 Avg (March) 0.0073

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0066	0.0063	0.0065
February	0.0066	0.0061	0.0064
March	0.0067	0.0061	0.0065
April	0.0067	0.0062	0.0065
May	0.0067	0.0061	0.0062
June	0.0062	0.0061	0.0061
July	0.0062	0.0062	0.0062
August	0.0063	0.0062	0.0062
September	0.0063	0.0062	0.0062
October	0.0063	0.0062	0.0063
November	0.0063	0.0062	0.0062
December	0.0064	0.0062	0.0063