2021 PLN to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 PLN to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the PLN to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 112.7772. Conversely, the yearly low was recorded on March 27, dropping to 96.5493.
This high-to-low spread represents a total annual volatility of 16.2279 NGN. From a start-to-finish perspective, comparing the January average rate of 104.0474 to the December average rate of 100.7446, the exchange rate registered a net change of -3.17% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 112.7772 was up 5.60% compared to the 2020 peak of 106.7966, indicating shifts in long-term support levels.
Comparing the value generated converting 20,000 PLN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
PLN to NGN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 105.0395, compared to 104.0154 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0241 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was May, with a trading range of 12.8588 NGN (High: 112.7034 / Low: 99.8447). On the other end, October was the most stable month, with a tight range of 1.5904 NGN (High: 104.4972 / Low: 102.9068).
Growth Streaks & Declines
TrendsBetween March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 4.5499 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2021: 109.9448) against the same month in 2020 (average: 98.0893), the exchange rate shifted by +11.8555 (+12.09%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 107.3570 | 101.5101 | 104.0474 |
| February | 111.4338 | 101.7489 | 104.8844 |
| March | 105.6578 | 96.5493 | 100.3345 |
| April | 108.3099 | 97.3869 | 102.4560 |
| May | 112.7034 | 99.8447 | 108.5697 |
| June | 112.7772 | 106.8404 | 109.9448 |
| July | 108.4465 | 105.3665 | 106.6483 |
| August | 107.3968 | 104.8513 | 106.0313 |
| September | 108.4846 | 103.0647 | 106.0683 |
| October | 104.4972 | 102.9068 | 103.8003 |
| November | 104.1309 | 97.9804 | 100.7994 |
| December | 102.0866 | 99.5411 | 100.7446 |