2021 NGN to SHP Historical Review

YEARLY HIGH

0.0019 SHP

YEARLY LOW

0.0017 SHP

YEARLY AVERAGE

0.0018 SHP

2021 NGN to SHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to SHP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.0019. Conversely, the yearly low was recorded on May 31, dropping to 0.0017.

This high-to-low spread represents a total annual volatility of 0.0002 SHP. From a start-to-finish perspective, comparing the January average rate of 0.0019 to the December average rate of 0.0018, the exchange rate registered a net change of -3.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0019 was down 18.66% compared to the 2020 peak of 0.0024, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 1,931 SHP

2020 Average 2,052 SHP

Yearly Trough Low 1,706 SHP

Transaction Impact: A difference of 224.92 SHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0019

0.0017

JanuMarcMayJulySeptNove

NGN to SHP 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 0.0018, compared to 0.0018 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0018

H2 Avg (Jul–Dec) 0.0018

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.0002 SHP (High: 0.0019 / Low: 0.0017). On the other end, October was the most stable month, with a tight range of 0.0000 SHP (High: 0.0018 / Low: 0.0018).

February Spread (Volatile) ±0.0002

October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0001 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0019) against the same month in 2020 (average: 0.0021), the exchange rate shifted by -0.0002 (-10.46%).

2021 Avg (January) 0.0019

2020 Avg (January) 0.0021

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0019	0.0018	0.0019
February	0.0019	0.0017	0.0018
March	0.0019	0.0018	0.0019
April	0.0019	0.0017	0.0019
May	0.0019	0.0017	0.0018
June	0.0018	0.0017	0.0017
July	0.0018	0.0017	0.0018
August	0.0018	0.0017	0.0018
September	0.0018	0.0018	0.0018
October	0.0018	0.0018	0.0018
November	0.0018	0.0018	0.0018
December	0.0018	0.0018	0.0018

2021 இந்திய ரூபாய் முதல் பவுண்ட் வரையிலான வரலாற்று ஆய்வு