YEARLY HIGH
4.1053 NGN
YEARLY LOW
3.6346 NGN
YEARLY AVERAGE
3.8951 NGN

2021 ALL to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ALL to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 4.1053. Conversely, the yearly low was recorded on March 27, dropping to 3.6346.

This high-to-low spread represents a total annual volatility of 0.4707 NGN. From a start-to-finish perspective, comparing the January average rate of 3.8209 to the December average rate of 3.8473, the exchange rate registered a net change of 0.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 4.1053 was down 7.50% compared to the 2020 peak of 4.4380, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 20,527 NGN
2020 Average 17,548 NGN
Yearly Trough Low 18,173 NGN
Transaction Impact: A difference of 2,353.42 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

4.0620
3.7149
JanuMarcMayJulySeptNove

ALL 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 3.8653, compared to 3.9250 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0597 points.

H1 Avg (Jan–Jun) 3.8653
H2 Avg (Jul–Dec) 3.9250

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.3916 NGN (High: 4.1053 / Low: 3.7137). On the other end, October was the most stable month, with a tight range of 0.0542 NGN (High: 3.9452 / Low: 3.8910).

May Spread (Volatile) ±0.3916
October Spread (Stable) ±0.0542

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0780 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0780

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 3.9884) against the same month in 2020 (average: 3.4175), the exchange rate shifted by +0.5710 (+16.71%).

2021 Avg (May) 3.9884
2020 Avg (May) 3.4175

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.9152 3.7359 3.8209
February 4.0397 3.6961 3.8134
March 3.9618 3.6346 3.7438
April 4.0003 3.6407 3.7918
May 4.1053 3.7137 3.9884
June 4.0901 3.9729 4.0331
July 4.0165 3.9517 3.9753
August 4.0266 3.9453 3.9833
September 4.0164 3.9147 3.9854
October 3.9452 3.8910 3.9182
November 3.8885 3.7936 3.8402
December 3.8749 3.8201 3.8473