2021 SBD to NGN Historical Review

YEARLY HIGH

51.8307 NGN

YEARLY LOW

46.7241 NGN

YEARLY AVERAGE

50.2684 NGN

2021 SBD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SBD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 30, valuing the pair at 51.8307. Conversely, the yearly low was recorded on March 3, dropping to 46.7241.

This high-to-low spread represents a total annual volatility of 5.1066 NGN. From a start-to-finish perspective, comparing the January average rate of 48.4516 to the December average rate of 50.8398, the exchange rate registered a net change of 4.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 51.8307 was up 5.44% compared to the 2020 peak of 49.1558, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 259,153 NGN

2020 Average 231,015 NGN

Yearly Trough Low 233,621 NGN

Transaction Impact: A difference of 25,532.88 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

51.7346

48.1532

JanuMarcMayJulySeptNove

SBD 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 49.4837, compared to 51.0532 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5695 points.

H1 Avg (Jan–Jun) 49.4837

H2 Avg (Jul–Dec) 51.0532

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 4.9501 NGN (High: 51.6742 / Low: 46.7241). On the other end, August was the most stable month, with a tight range of 0.1390 NGN (High: 51.1647 / Low: 51.0257).

March Spread (Volatile) ±4.9501

August Spread (Stable) ±0.1390

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 June and July, when the average rate fell by 0.2923 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2923

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 50.7190) against the same month in 2020 (average: 46.7404), the exchange rate shifted by +3.9785 (+8.51%).

2021 Avg (May) 50.7190

2020 Avg (May) 46.7404

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	49.6710	47.4361	48.4516
February	51.5089	47.3761	48.7135
March	51.6742	46.7241	48.6487
April	51.3991	47.5617	48.9331
May	51.8307	47.6328	50.7190
June	51.7456	51.1164	51.4362
July	51.2521	51.0243	51.1439
August	51.1647	51.0257	51.1035
September	51.2055	50.9439	51.0751
October	51.3755	50.9147	51.0549
November	51.3733	50.8261	51.1018
December	51.1323	50.5595	50.8398