YEARLY HIGH
83.5283 NGN
YEARLY LOW
64.7538 NGN
YEARLY AVERAGE
74.8590 NGN

2021 BRL to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BRL to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 24, valuing the pair at 83.5283. Conversely, the yearly low was recorded on March 8, dropping to 64.7538.

This high-to-low spread represents a total annual volatility of 18.7745 NGN. From a start-to-finish perspective, comparing the January average rate of 72.4110 to the December average rate of 72.7217, the exchange rate registered a net change of 0.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 83.5283 was down 8.29% compared to the 2020 peak of 91.0805, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 2,088,208 NGN
2020 Average 1,857,060 NGN
Yearly Trough Low 1,618,846 NGN
Transaction Impact: A difference of 469,362.25 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

83.0513
67.5323
JanuMarcMayJulySeptNove

BRL 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 73.5529, compared to 76.1651 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.6122 points.

H1 Avg (Jan–Jun) 73.5529
H2 Avg (Jul–Dec) 76.1651

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 10.0776 NGN (High: 74.8314 / Low: 64.7538). On the other end, December was the most stable month, with a tight range of 2.6956 NGN (High: 74.2341 / Low: 71.5385).

March Spread (Volatile) ±10.0776
December Spread (Stable) ±2.6956

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 3.7639 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.7639

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 81.7581) against the same month in 2020 (average: 74.6860), the exchange rate shifted by +7.0721 (+9.47%).

2021 Avg (June) 81.7581
2020 Avg (June) 74.6860

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 76.3855 69.6601 72.4110
February 76.6214 68.0597 71.9911
March 74.8314 64.7538 68.8256
April 74.7020 66.7005 70.0480
May 79.0219 69.9487 76.2837
June 83.5283 79.9378 81.7581
July 81.4129 77.9557 79.6370
August 79.8585 75.9923 78.3368
September 79.6106 75.5505 78.0459
October 76.5491 72.6121 74.2820
November 76.0241 72.3215 73.9671
December 74.2341 71.5385 72.7217