2021 BGN to NGN Historical Review

YEARLY HIGH

258.3979 NGN

YEARLY LOW

229.1392 NGN

YEARLY AVERAGE

243.8899 NGN

2021 BGN to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BGN to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 258.3979. Conversely, the yearly low was recorded on April 3, dropping to 229.1392.

This high-to-low spread represents a total annual volatility of 29.2588 NGN. From a start-to-finish perspective, comparing the January average rate of 241.3520 to the December average rate of 237.5826, the exchange rate registered a net change of -1.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 258.3979 was up 5.14% compared to the 2020 peak of 245.7668, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,291,990 NGN

2020 Average 1,110,210 NGN

Yearly Trough Low 1,145,696 NGN

Transaction Impact: A difference of 146,293.84 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

254.8327

234.2864

JanuMarcMayJulySeptNove

BGN 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 243.5852, compared to 244.1947 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6095 points.

H1 Avg (Jan–Jun) 243.5852

H2 Avg (Jul–Dec) 244.1947

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 24.8112 NGN (High: 258.3979 / Low: 233.5868). On the other end, July was the most stable month, with a tight range of 2.4143 NGN (High: 249.9071 / Low: 247.4928).

May Spread (Volatile) ±24.8112

July Spread (Stable) ±2.4143

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 February and March, when the average rate fell by 5.1655 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -5.1655

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 251.0219) against the same month in 2020 (average: 217.0673), the exchange rate shifted by +33.9547 (+15.64%).

2021 Avg (May) 251.0219

2020 Avg (May) 217.0673

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	247.8734	235.7107	241.3520
February	255.5385	234.0132	241.1641
March	249.5065	229.3744	235.9986
April	251.9891	229.1392	238.8537
May	258.3979	233.5868	251.0219
June	257.4719	248.4120	253.1205
July	249.9071	247.4928	248.6358
August	249.9095	245.2900	247.6353
September	250.1448	243.4894	247.8879
October	245.2381	242.2826	243.7205
November	244.5886	235.1982	239.7059
December	239.5678	236.0831	237.5826

2021 BGN నుండి NGN చారిత్రక సమీక్ష