2021 NZD to NGN Historical Review

YEARLY HIGH

301.3403 NGN

YEARLY LOW

266.0075 NGN

YEARLY AVERAGE

285.1867 NGN

2021 NZD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NZD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 301.3403. Conversely, the yearly low was recorded on March 23, dropping to 266.0075.

This high-to-low spread represents a total annual volatility of 35.3329 NGN. From a start-to-finish perspective, comparing the January average rate of 278.6585 to the December average rate of 279.0355, the exchange rate registered a net change of 0.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 301.3403 was up 7.12% compared to the 2020 peak of 281.3221, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,506,702 NGN

2020 Average 1,237,071 NGN

Yearly Trough Low 1,330,037 NGN

Transaction Impact: A difference of 176,664.28 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

293.6011

275.2010

JanuMarcMayJulySeptNove

NZD 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 283.3678, compared to 287.0056 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.6378 points.

H1 Avg (Jan–Jun) 283.3678

H2 Avg (Jul–Dec) 287.0056

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 28.0129 NGN (High: 301.3403 / Low: 273.3274). On the other end, July was the most stable month, with a tight range of 5.5513 NGN (High: 290.1223 / Low: 284.5710).

February Spread (Volatile) ±28.0129

July Spread (Stable) ±5.5513

Growth Streaks & Declines

Trends

Between March and May, 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 November and December, when the average rate fell by 8.9459 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -8.9459

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 282.5309) against the same month in 2020 (average: 232.6566), the exchange rate shifted by +49.8743 (+21.44%).

2021 Avg (February) 282.5309

2020 Avg (February) 232.6566

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	287.1249	271.7918	278.6585
February	301.3403	273.3274	282.5309
March	293.9108	266.0075	276.7343
April	293.7943	267.8474	278.2368
May	300.4502	272.8830	292.0678
June	298.6371	284.3555	291.9786
July	290.1223	284.5710	287.3596
August	290.0365	280.6375	287.1050
September	294.3091	282.8231	290.5162
October	295.7724	283.8321	290.0359
November	295.9664	279.5325	287.9814
December	282.3422	276.2844	279.0355

2021 இந்திய ரூபாய் முதல் பவுண்ட் வரையிலான வரலாற்று ஆய்வு