2021 LRD to NGN Historical Review

YEARLY HIGH

2.9145 NGN

YEARLY LOW

2.1852 NGN

YEARLY AVERAGE

2.4382 NGN

2021 LRD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the LRD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 2.9145. Conversely, the yearly low was recorded on March 4, dropping to 2.1852.

This high-to-low spread represents a total annual volatility of 0.7294 NGN. From a start-to-finish perspective, comparing the January average rate of 2.3052 to the December average rate of 2.8842, the exchange rate registered a net change of 25.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.9145 was up 18.47% compared to the 2020 peak of 2.4600, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,573 NGN

2020 Average 9,973 NGN

Yearly Trough Low 10,926 NGN

Transaction Impact: A difference of 3,646.75 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.9490

2.1706

JanuMarcMayJulySeptNove

LRD 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 2.3026, compared to 2.5738 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2712 points.

H1 Avg (Jan–Jun) 2.3026

H2 Avg (Jul–Dec) 2.5738

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 0.3107 NGN (High: 2.7129 / Low: 2.4022). On the other end, August was the most stable month, with a tight range of 0.0071 NGN (High: 2.4003 / Low: 2.3933).

October Spread (Volatile) ±0.3107

August Spread (Stable) ±0.0071

Growth Streaks & Declines

Trends

Between July and December, 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 January and February, when the average rate fell by 0.0459 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0459

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 2.8842) against the same month in 2020 (average: 2.3804), the exchange rate shifted by +0.5037 (+21.16%).

2021 Avg (December) 2.8842

2020 Avg (December) 2.3804

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4155	2.2317	2.3052
February	2.3840	2.1974	2.2593
March	2.3687	2.1852	2.2355
April	2.3824	2.2023	2.2632
May	2.4061	2.2116	2.3528
June	2.4091	2.3921	2.3996
July	2.3994	2.3900	2.3965
August	2.4003	2.3933	2.3970
September	2.4125	2.3917	2.3998
October	2.7129	2.4022	2.5273
November	2.9030	2.7464	2.8382
December	2.9145	2.8332	2.8842

2021 LRD నుండి NGN చారిత్రక సమీక్ష