2021 LBP to NGN Historical Review

YEARLY HIGH

0.2733 NGN

YEARLY LOW

0.2484 NGN

YEARLY AVERAGE

0.2654 NGN

2021 LBP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the LBP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 15, valuing the pair at 0.2733. Conversely, the yearly low was recorded on March 1, dropping to 0.2484.

This high-to-low spread represents a total annual volatility of 0.0249 NGN. From a start-to-finish perspective, comparing the January average rate of 0.2557 to the December average rate of 0.2707, the exchange rate registered a net change of 5.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2733 was down 40.27% compared to the 2020 peak of 0.4576, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,367 NGN

2020 Average 1,261 NGN

Yearly Trough Low 1,242 NGN

Transaction Impact: A difference of 124.52 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2733

0.2536

JanuMarcMayJulySeptNove

LBP 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 0.2603, compared to 0.2706 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0102 points.

H1 Avg (Jan–Jun) 0.2603

H2 Avg (Jul–Dec) 0.2706

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0246 NGN (High: 0.2733 / Low: 0.2487). On the other end, August was the most stable month, with a tight range of 0.0030 NGN (High: 0.2724 / Low: 0.2695).

May Spread (Volatile) ±0.0246

August Spread (Stable) ±0.0030

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 0.0020 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.2658) against the same month in 2020 (average: 0.2572), the exchange rate shifted by +0.0085 (+3.32%).

2021 Avg (May) 0.2658

2020 Avg (May) 0.2572

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2616	0.2502	0.2557
February	0.2723	0.2503	0.2572
March	0.2715	0.2484	0.2552
April	0.2716	0.2495	0.2578
May	0.2733	0.2487	0.2658
June	0.2722	0.2685	0.2702
July	0.2723	0.2672	0.2704
August	0.2724	0.2695	0.2717
September	0.2723	0.2684	0.2710
October	0.2721	0.2678	0.2700
November	0.2721	0.2675	0.2695
December	0.2730	0.2674	0.2707

2021 இந்திய ரூபாய் முதல் பவுண்ட் வரையிலான வரலாற்று ஆய்வு