2021 NGN to KRW Historical Review

YEARLY HIGH

2.9993 KRW

YEARLY LOW

2.6818 KRW

YEARLY AVERAGE

2.8396 KRW

2021 NGN to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 2.9993. Conversely, the yearly low was recorded on February 20, dropping to 2.6818.

This high-to-low spread represents a total annual volatility of 0.3175 KRW. From a start-to-finish perspective, comparing the January average rate of 2.8363 to the December average rate of 2.8802, the exchange rate registered a net change of 1.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.9993 was down 12.60% compared to the 2020 peak of 3.4319, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 2,999,290 KRW

2020 Average 3,103,238 KRW

Yearly Trough Low 2,681,780 KRW

Transaction Impact: A difference of 317,510.75 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.9327

2.7116

JanuMarcMayJulySeptNove

NGN to KRW 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 2.8297, compared to 2.8495 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0198 points.

H1 Avg (Jan–Jun) 2.8297

H2 Avg (Jul–Dec) 2.8495

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.2756 KRW (High: 2.9651 / Low: 2.6894). On the other end, December was the most stable month, with a tight range of 0.0435 KRW (High: 2.8985 / Low: 2.8549).

May Spread (Volatile) ±0.2756

December Spread (Stable) ±0.0435

Growth Streaks & Declines

Trends

Between June and November, 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 April and May, when the average rate fell by 0.0881 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0881

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 2.9143) against the same month in 2020 (average: 3.2816), the exchange rate shifted by -0.3673 (-11.19%).

2021 Avg (March) 2.9143

2020 Avg (March) 3.2816

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9394	2.7369	2.8363
February	2.9518	2.6818	2.8533
March	2.9993	2.7484	2.9143
April	2.9653	2.7167	2.8661
May	2.9651	2.6894	2.7780
June	2.7689	2.6913	2.7300
July	2.8055	2.7474	2.7838
August	2.8600	2.7779	2.8201
September	2.8916	2.8085	2.8500
October	2.9130	2.8329	2.8761
November	2.9175	2.8560	2.8868
December	2.8985	2.8549	2.8802

2021 NGN నుండి KRW చారిత్రక సమీక్ష