YEARLY HIGH
4.8746 NGN
YEARLY LOW
4.4743 NGN
YEARLY AVERAGE
4.7404 NGN

2021 BDT to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BDT to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 30, valuing the pair at 4.8746. Conversely, the yearly low was recorded on April 27, dropping to 4.4743.

This high-to-low spread represents a total annual volatility of 0.4003 NGN. From a start-to-finish perspective, comparing the January average rate of 4.5728 to the December average rate of 4.7935, the exchange rate registered a net change of 4.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 4.8746 was up 4.71% compared to the 2020 peak of 4.6553, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 24,373 NGN
2020 Average 22,410 NGN
Yearly Trough Low 22,372 NGN
Transaction Impact: A difference of 2,001.54 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

4.8794
4.5449
JanuMarcMayJulySeptNove

BDT 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 4.6638, compared to 4.8170 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1532 points.

H1 Avg (Jan–Jun) 4.6638
H2 Avg (Jul–Dec) 4.8170

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.3899 NGN (High: 4.8746 / Low: 4.4847). On the other end, July was the most stable month, with a tight range of 0.0207 NGN (High: 4.8592 / Low: 4.8385).

May Spread (Volatile) ±0.3899
July Spread (Stable) ±0.0207

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 September and October, when the average rate fell by 0.0250 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0250

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 4.7684) against the same month in 2020 (average: 4.5805), the exchange rate shifted by +0.1879 (+4.10%).

2021 Avg (May) 4.7684
2020 Avg (May) 4.5805

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.6873 4.4874 4.5728
February 4.8633 4.4836 4.5990
March 4.8500 4.4812 4.5797
April 4.8455 4.4743 4.6112
May 4.8746 4.4847 4.7684
June 4.8740 4.8346 4.8515
July 4.8592 4.8385 4.8496
August 4.8600 4.8213 4.8418
September 4.8378 4.7963 4.8256
October 4.8189 4.7860 4.8006
November 4.8134 4.7770 4.7906
December 4.8211 4.7709 4.7935