2021 MVR నుండి NGN చారిత్రక సమీక్ష
2021 సంవత్సరం పొడవునా మారకపు రేటు పనితీరు యొక్క సమగ్ర విశ్లేషణ.
2021 MVR to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MVR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 26.8741. Conversely, the yearly low was recorded on May 10, dropping to 24.5487.
This high-to-low spread represents a total annual volatility of 2.3254 NGN. From a start-to-finish perspective, comparing the January average rate of 25.1761 to the December average rate of 26.6348, the exchange rate registered a net change of 5.79% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 26.8741 was up 4.86% compared to the 2020 peak of 25.6280, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MVR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
MVR to NGN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 25.6254, compared to 26.6399 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0145 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was May, with a trading range of 2.2500 NGN (High: 26.7987 / Low: 24.5487). On the other end, July was the most stable month, with a tight range of 0.1227 NGN (High: 26.7461 / Low: 26.6234).
Growth Streaks & Declines
TrendsBetween March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1743 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 26.6348) against the same month in 2020 (average: 24.9053), the exchange rate shifted by +1.7295 (+6.94%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.7598 | 24.6918 | 25.1761 |
| February | 26.7810 | 24.6753 | 25.3082 |
| March | 26.5823 | 24.5955 | 25.1339 |
| April | 26.6039 | 24.5631 | 25.2840 |
| May | 26.7987 | 24.5487 | 26.2191 |
| June | 26.7402 | 26.5372 | 26.6310 |
| July | 26.7461 | 26.6234 | 26.6833 |
| August | 26.7339 | 26.5972 | 26.6331 |
| September | 26.7719 | 26.5891 | 26.6633 |
| October | 26.7912 | 26.5573 | 26.6136 |
| November | 26.7684 | 26.5294 | 26.6113 |
| December | 26.8741 | 26.5085 | 26.6348 |