2021 NGN to XCD Historical Review

YEARLY HIGH

0.0071 XCD

YEARLY LOW

0.0065 XCD

YEARLY AVERAGE

0.0067 XCD

2021 NGN to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 27, valuing the pair at 0.0071. Conversely, the yearly low was recorded on December 18, dropping to 0.0065.

This high-to-low spread represents a total annual volatility of 0.0006 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0070 to the December average rate of 0.0066, the exchange rate registered a net change of -5.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0071 was down 4.80% compared to the 2020 peak of 0.0075, 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 7,121 XCD

2020 Average 7,111 XCD

Yearly Trough Low 6,530 XCD

Transaction Impact: A difference of 591.26 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0070

0.0065

JanuMarcMayJulySeptNove

NGN to XCD 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 0.0068, compared to 0.0066 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0068

H2 Avg (Jul–Dec) 0.0066

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0006 XCD (High: 0.0071 / Low: 0.0065). On the other end, August was the most stable month, with a tight range of 0.0000 XCD (High: 0.0066 / Low: 0.0066).

May Spread (Volatile) ±0.0006

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 April and May, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0069) against the same month in 2020 (average: 0.0070), the exchange rate shifted by -0.0001 (-1.43%).

2021 Avg (April) 0.0069

2020 Avg (April) 0.0070

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0071	0.0068	0.0070
February	0.0071	0.0066	0.0069
March	0.0071	0.0066	0.0070
April	0.0071	0.0066	0.0069
May	0.0071	0.0065	0.0067
June	0.0066	0.0065	0.0066
July	0.0066	0.0066	0.0066
August	0.0066	0.0066	0.0066
September	0.0066	0.0066	0.0066
October	0.0066	0.0066	0.0066
November	0.0066	0.0065	0.0066
December	0.0066	0.0065	0.0066