2021 SAR to NGN Historical Review

YEARLY HIGH

110.2712 NGN

YEARLY LOW

101.1835 NGN

YEARLY AVERAGE

107.5205 NGN

2021 SAR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SAR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 110.2712. Conversely, the yearly low was recorded on April 27, dropping to 101.1835.

This high-to-low spread represents a total annual volatility of 9.0877 NGN. From a start-to-finish perspective, comparing the January average rate of 103.3872 to the December average rate of 109.5780, the exchange rate registered a net change of 5.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 110.2712 was up 4.78% compared to the 2020 peak of 105.2367, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 551,356 NGN

2020 Average 506,678 NGN

Yearly Trough Low 505,918 NGN

Transaction Impact: A difference of 45,438.28 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

110.3713

102.7523

JanuMarcMayJulySeptNove

SAR 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 105.4049, compared to 109.6361 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.2311 points.

H1 Avg (Jan–Jun) 105.4049

H2 Avg (Jul–Dec) 109.6361

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 8.8258 NGN (High: 110.1277 / Low: 101.3019). On the other end, August was the most stable month, with a tight range of 0.2472 NGN (High: 109.8434 / Low: 109.5962).

May Spread (Volatile) ±8.8258

August Spread (Stable) ±0.2472

Growth Streaks & Declines

Trends

Between 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 0.5030 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 109.5780) against the same month in 2020 (average: 102.3213), the exchange rate shifted by +7.2567 (+7.09%).

2021 Avg (December) 109.5780

2020 Avg (December) 102.3213

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	105.7562	101.4286	103.3872
February	109.9806	101.3098	103.9539
March	109.5637	101.3119	103.4508
April	109.5905	101.1835	104.1715
May	110.1277	101.3019	107.7853
June	110.0681	109.3324	109.6809
July	109.7558	109.3097	109.6260
August	109.8434	109.5962	109.7364
September	109.9846	109.3608	109.7339
October	110.0234	109.3897	109.5874
November	110.0137	109.2581	109.5547
December	110.2712	109.1712	109.5780