2021 SYP to NGN Historical Review

YEARLY HIGH

0.8044 NGN

YEARLY LOW

0.1630 NGN

YEARLY AVERAGE

0.4025 NGN

2021 SYP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SYP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 0.8044. Conversely, the yearly low was recorded on December 12, dropping to 0.1630.

This high-to-low spread represents a total annual volatility of 0.6414 NGN. From a start-to-finish perspective, comparing the January average rate of 0.7562 to the December average rate of 0.1637, the exchange rate registered a net change of -78.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.8044 was up 4.47% compared to the 2020 peak of 0.7700, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,022 NGN

2020 Average 3,705 NGN

Yearly Trough Low 815 NGN

Transaction Impact: A difference of 3,206.86 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.8200

0.1040

JanuMarcMayJulySeptNove

SYP 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 0.5160, compared to 0.2889 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2271 points.

H1 Avg (Jan–Jun) 0.5160

H2 Avg (Jul–Dec) 0.2889

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.4990 NGN (High: 0.8014 / Low: 0.3024). On the other end, August was the most stable month, with a tight range of 0.0008 NGN (High: 0.3275 / Low: 0.3267).

March Spread (Volatile) ±0.4990

August Spread (Stable) ±0.0008

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 March and April, when the average rate fell by 0.3098 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.7604) against the same month in 2020 (average: 0.7068), the exchange rate shifted by +0.0535 (+7.57%).

2021 Avg (February) 0.7604

2020 Avg (February) 0.7068

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7728	0.7419	0.7562
February	0.8044	0.7410	0.7604
March	0.8014	0.3024	0.6205
April	0.3269	0.3018	0.3107
May	0.3284	0.3021	0.3214
June	0.3282	0.3259	0.3270
July	0.3274	0.3260	0.3270
August	0.3275	0.3267	0.3272
September	0.3281	0.3262	0.3273
October	0.3282	0.3263	0.3269
November	0.3281	0.1631	0.2616
December	0.1647	0.1630	0.1637