2021 STD to NGN Historical Review

YEARLY HIGH

0.0203 NGN

YEARLY LOW

0.0183 NGN

YEARLY AVERAGE

0.0195 NGN

2021 STD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the STD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 0.0203. Conversely, the yearly low was recorded on April 4, dropping to 0.0183.

This high-to-low spread represents a total annual volatility of 0.0020 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0190 to the December average rate of 0.0194, the exchange rate registered a net change of 2.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0203 was up 5.45% compared to the 2020 peak of 0.0192, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 101 NGN

2020 Average 88 NGN

Yearly Trough Low 91 NGN

Transaction Impact: A difference of 9.98 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0202

0.0187

JanuMarcMayJulySeptNove

STD 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 0.0192, compared to 0.0197 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0192

H2 Avg (Jul–Dec) 0.0197

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.0017 NGN (High: 0.0203 / Low: 0.0186). On the other end, July was the most stable month, with a tight range of 0.0002 NGN (High: 0.0200 / Low: 0.0199).

February Spread (Volatile) ±0.0017

July Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.0191) against the same month in 2020 (average: 0.0166), the exchange rate shifted by +0.0025 (+15.30%).

2021 Avg (February) 0.0191

2020 Avg (February) 0.0166

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0195	0.0186	0.0190
February	0.0203	0.0186	0.0191
March	0.0199	0.0184	0.0189
April	0.0198	0.0183	0.0188
May	0.0199	0.0183	0.0195
June	0.0203	0.0198	0.0200
July	0.0200	0.0199	0.0200
August	0.0199	0.0197	0.0198
September	0.0199	0.0196	0.0198
October	0.0198	0.0195	0.0196
November	0.0197	0.0193	0.0195
December	0.0195	0.0192	0.0194