2021 NIO to NGN Historical Review

YEARLY HIGH

11.7981 NGN

YEARLY LOW

10.8189 NGN

YEARLY AVERAGE

11.4914 NGN

2021 NIO to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NIO to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 11.7981. Conversely, the yearly low was recorded on April 30, dropping to 10.8189.

This high-to-low spread represents a total annual volatility of 0.9792 NGN. From a start-to-finish perspective, comparing the January average rate of 11.0967 to the December average rate of 11.6392, the exchange rate registered a net change of 4.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 11.7981 was up 1.93% compared to the 2020 peak of 11.5752, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NIO based on timing:

Yearly Peak High 58,990 NGN

2020 Average 55,274 NGN

Yearly Trough Low 54,094 NGN

Transaction Impact: A difference of 4,895.98 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

11.8027

11.0183

JanuMarcMayJulySeptNove

NIO to NGN 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 11.2909, compared to 11.6919 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4010 points.

H1 Avg (Jan–Jun) 11.2909

H2 Avg (Jul–Dec) 11.6919

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.9669 NGN (High: 11.7888 / Low: 10.8220). On the other end, August was the most stable month, with a tight range of 0.0611 NGN (High: 11.7376 / Low: 11.6765).

May Spread (Volatile) ±0.9669

August Spread (Stable) ±0.0611

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0746 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0746

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 11.1582) against the same month in 2020 (average: 10.7090), the exchange rate shifted by +0.4492 (+4.19%).

2021 Avg (February) 11.1582

2020 Avg (February) 10.7090

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.3753	10.8652	11.0967
February	11.7981	10.8671	11.1582
March	11.7637	10.8312	11.0836
April	11.7598	10.8189	11.1689
May	11.7888	10.8220	11.5188
June	11.7877	11.6440	11.7190
July	11.7856	11.6560	11.7374
August	11.7376	11.6765	11.7177
September	11.7466	11.6738	11.7124
October	11.7376	11.6530	11.6790
November	11.7106	11.6351	11.6657
December	11.7046	11.5223	11.6392