2021 CAD to NGN Historical Review

YEARLY HIGH

341.9228 NGN

YEARLY LOW

297.1873 NGN

YEARLY AVERAGE

321.7679 NGN

2021 CAD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CAD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 30, valuing the pair at 341.9228. Conversely, the yearly low was recorded on February 2, dropping to 297.1873.

This high-to-low spread represents a total annual volatility of 44.7355 NGN. From a start-to-finish perspective, comparing the January average rate of 304.7231 to the December average rate of 321.2698, the exchange rate registered a net change of 5.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 341.9228 was up 11.47% compared to the 2020 peak of 306.7516, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,709,614 NGN

2020 Average 1,418,570 NGN

Yearly Trough Low 1,485,936 NGN

Transaction Impact: A difference of 223,677.60 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

339.4369

301.5673

JanuMarcMayJulySeptNove

CAD 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 317.1107, compared to 326.4250 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.3143 points.

H1 Avg (Jan–Jun) 317.1107

H2 Avg (Jul–Dec) 326.4250

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 32.0568 NGN (High: 341.9228 / Low: 309.8660). On the other end, September was the most stable month, with a tight range of 7.5037 NGN (High: 328.5458 / Low: 321.0421).

May Spread (Volatile) ±32.0568

September Spread (Stable) ±7.5037

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 7.5718 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -7.5718

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 333.3843) against the same month in 2020 (average: 278.1264), the exchange rate shifted by +55.2580 (+19.87%).

2021 Avg (May) 333.3843

2020 Avg (May) 278.1264

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	312.3430	297.8124	304.7231
February	326.9213	297.1873	307.1046
March	328.1334	299.6985	308.6705
April	328.3349	302.0851	312.5007
May	341.9228	309.8660	333.3843
June	341.7714	328.9579	336.2811
July	334.1114	322.1437	328.7093
August	330.0076	320.5103	326.5897
September	328.5458	321.0421	324.8719
October	333.4515	324.8092	330.3550
November	333.1972	320.4519	326.7545
December	325.8969	318.0690	321.2698

2021 CAD నుండి NGN చారిత్రక సమీక్ష