2021 IRR to NGN Historical Review

YEARLY HIGH

0.0098 NGN

YEARLY LOW

0.0090 NGN

YEARLY AVERAGE

0.0096 NGN

2021 IRR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the IRR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 14, valuing the pair at 0.0098. Conversely, the yearly low was recorded on April 27, dropping to 0.0090.

This high-to-low spread represents a total annual volatility of 0.0008 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0092 to the December average rate of 0.0097, the exchange rate registered a net change of 5.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0098 was up 4.58% compared to the 2020 peak of 0.0094, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 49 NGN

2020 Average 45 NGN

Yearly Trough Low 45 NGN

Transaction Impact: A difference of 3.98 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0098

0.0092

JanuMarcMayJulySeptNove

IRR 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 0.0094, compared to 0.0097 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0094

H2 Avg (Jul–Dec) 0.0097

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0008 NGN (High: 0.0098 / Low: 0.0090). On the other end, August was the most stable month, with a tight range of 0.0000 NGN (High: 0.0098 / Low: 0.0097).

May Spread (Volatile) ±0.0008

August Spread (Stable) ±0.0000

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 0.0000 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.0096) against the same month in 2020 (average: 0.0092), the exchange rate shifted by +0.0004 (+3.90%).

2021 Avg (May) 0.0096

2020 Avg (May) 0.0092

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0094	0.0090	0.0092
February	0.0098	0.0090	0.0093
March	0.0098	0.0090	0.0092
April	0.0098	0.0090	0.0093
May	0.0098	0.0090	0.0096
June	0.0098	0.0097	0.0098
July	0.0098	0.0097	0.0098
August	0.0098	0.0097	0.0098
September	0.0098	0.0097	0.0098
October	0.0098	0.0097	0.0097
November	0.0098	0.0097	0.0097
December	0.0098	0.0097	0.0097

2021 IRR నుండి NGN చారిత్రక సమీక్ష