2021 SOS to NGN Historical Review

YEARLY HIGH

0.7129 NGN

YEARLY LOW

0.6502 NGN

YEARLY AVERAGE

0.6940 NGN

2021 SOS to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SOS to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.7129. Conversely, the yearly low was recorded on April 3, dropping to 0.6502.

This high-to-low spread represents a total annual volatility of 0.0627 NGN. From a start-to-finish perspective, comparing the January average rate of 0.6675 to the December average rate of 0.7071, the exchange rate registered a net change of 5.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.7129 was up 4.47% compared to the 2020 peak of 0.6824, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,564 NGN

2020 Average 3,273 NGN

Yearly Trough Low 3,251 NGN

Transaction Impact: A difference of 313.40 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.7148

0.6625

JanuMarcMayJulySeptNove

SOS 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 0.6800, compared to 0.7080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0280 points.

H1 Avg (Jan–Jun) 0.6800

H2 Avg (Jul–Dec) 0.7080

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0617 NGN (High: 0.7121 / Low: 0.6504). On the other end, August was the most stable month, with a tight range of 0.0073 NGN (High: 0.7121 / Low: 0.7048).

May Spread (Volatile) ±0.0617

August Spread (Stable) ±0.0073

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0041 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.7071) against the same month in 2020 (average: 0.6608), the exchange rate shifted by +0.0463 (+7.01%).

2021 Avg (December) 0.7071

2020 Avg (December) 0.6608

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6837	0.6515	0.6675
February	0.7117	0.6502	0.6710
March	0.7097	0.6504	0.6669
April	0.7099	0.6502	0.6729
May	0.7121	0.6504	0.6951
June	0.7104	0.7009	0.7067
July	0.7118	0.7009	0.7085
August	0.7121	0.7048	0.7104
September	0.7118	0.7034	0.7088
October	0.7113	0.7008	0.7066
November	0.7114	0.7005	0.7068
December	0.7129	0.6996	0.7071