2021 SLL to NGN Historical Review

YEARLY HIGH

0.0404 NGN

YEARLY LOW

0.0363 NGN

YEARLY AVERAGE

0.0387 NGN

2021 SLL to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SLL to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 0.0404. Conversely, the yearly low was recorded on December 28, dropping to 0.0363.

This high-to-low spread represents a total annual volatility of 0.0041 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0381 to the December average rate of 0.0366, the exchange rate registered a net change of -3.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0404 was down 21.52% compared to the 2020 peak of 0.0515, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 202 NGN

2020 Average 208 NGN

Yearly Trough Low 182 NGN

Transaction Impact: A difference of 20.50 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0404

0.0363

JanuMarcMayJulySeptNove

SLL 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 0.0387, compared to 0.0388 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0387

H2 Avg (Jul–Dec) 0.0388

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0032 NGN (High: 0.0403 / Low: 0.0371). On the other end, July was the most stable month, with a tight range of 0.0002 NGN (High: 0.0402 / Low: 0.0400).

May Spread (Volatile) ±0.0032

July Spread (Stable) ±0.0002

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 October and November, when the average rate fell by 0.0011 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.0382) against the same month in 2020 (average: 0.0480), the exchange rate shifted by -0.0098 (-20.47%).

2021 Avg (February) 0.0382

2020 Avg (February) 0.0480

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0393	0.0372	0.0381
February	0.0404	0.0373	0.0382
March	0.0402	0.0371	0.0380
April	0.0402	0.0371	0.0382
May	0.0403	0.0371	0.0395
June	0.0403	0.0397	0.0400
July	0.0402	0.0400	0.0401
August	0.0402	0.0399	0.0401
September	0.0399	0.0389	0.0395
October	0.0390	0.0380	0.0387
November	0.0382	0.0369	0.0375
December	0.0370	0.0363	0.0366