YEARLY HIGH
4.9182 NGN
YEARLY LOW
4.4752 NGN
YEARLY AVERAGE
4.7677 NGN

2021 KGS to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KGS to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 27, valuing the pair at 4.9182. Conversely, the yearly low was recorded on April 27, dropping to 4.4752.

This high-to-low spread represents a total annual volatility of 0.4430 NGN. From a start-to-finish perspective, comparing the January average rate of 4.6397 to the December average rate of 4.8499, the exchange rate registered a net change of 4.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 4.9182 was down 7.26% compared to the 2020 peak of 5.3032, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 24,591 NGN
2020 Average 24,752 NGN
Yearly Trough Low 22,376 NGN
Transaction Impact: A difference of 2,214.89 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

4.8911
4.5497
JanuMarcMayJulySeptNove

KGS 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 4.6829, compared to 4.8524 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1695 points.

H1 Avg (Jan–Jun) 4.6829
H2 Avg (Jul–Dec) 4.8524

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.4326 NGN (High: 4.9182 / Low: 4.4855). On the other end, August was the most stable month, with a tight range of 0.0129 NGN (High: 4.8676 / Low: 4.8547).

May Spread (Volatile) ±0.4326
August Spread (Stable) ±0.0129

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 0.0483 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0483

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 4.7831) against the same month in 2020 (average: 5.0909), the exchange rate shifted by -0.3078 (-6.05%).

2021 Avg (May) 4.7831
2020 Avg (May) 5.0909

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.7698 4.5331 4.6397
February 4.8779 4.5041 4.6264
March 4.8461 4.4811 4.5782
April 4.8469 4.4752 4.6075
May 4.9182 4.4855 4.7831
June 4.8918 4.8443 4.8627
July 4.8767 4.8353 4.8555
August 4.8676 4.8547 4.8601
September 4.8649 4.8398 4.8551
October 4.8655 4.8385 4.8471
November 4.8670 4.8343 4.8467
December 4.8807 4.8302 4.8499