2021 EGP to NGN Historical Review

YEARLY HIGH

26.3906 NGN

YEARLY LOW

24.1443 NGN

YEARLY AVERAGE

25.6930 NGN

2021 EGP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the EGP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 16, valuing the pair at 26.3906. Conversely, the yearly low was recorded on March 23, dropping to 24.1443.

This high-to-low spread represents a total annual volatility of 2.2463 NGN. From a start-to-finish perspective, comparing the January average rate of 24.6803 to the December average rate of 26.1643, the exchange rate registered a net change of 6.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 26.3906 was up 4.14% compared to the 2020 peak of 25.3414, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 131,953 NGN

2020 Average 120,262 NGN

Yearly Trough Low 120,722 NGN

Transaction Impact: A difference of 11,231.40 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

26.4118

24.5229

JanuMarcMayJulySeptNove

EGP 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 25.2049, compared to 26.1812 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9763 points.

H1 Avg (Jan–Jun) 25.2049

H2 Avg (Jul–Dec) 26.1812

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 2.2214 NGN (High: 26.3686 / Low: 24.1472). On the other end, August was the most stable month, with a tight range of 0.0693 NGN (High: 26.2434 / Low: 26.1741).

February Spread (Volatile) ±2.2214

August Spread (Stable) ±0.0693

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 0.1805 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1805

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 25.7999) against the same month in 2020 (average: 24.6915), the exchange rate shifted by +1.1084 (+4.49%).

2021 Avg (May) 25.7999

2020 Avg (May) 24.6915

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	25.2996	24.1862	24.6803
February	26.3686	24.1472	24.8895
March	26.1641	24.1443	24.7090
April	26.2136	24.2108	24.8962
May	26.3906	24.2653	25.7999
June	26.3824	26.1386	26.2544
July	26.2610	26.1355	26.2121
August	26.2434	26.1741	26.2118
September	26.2639	26.1021	26.1990
October	26.2628	26.1141	26.1588
November	26.2484	26.0270	26.1412
December	26.2917	26.0566	26.1643

2021 EGP నుండి NGN చారిత్రక సమీక్ష