YEARLY HIGH
0.2032 RUB
YEARLY LOW
0.1692 RUB
YEARLY AVERAGE
0.1830 RUB

2021 NGN to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 11, valuing the pair at 0.2032. Conversely, the yearly low was recorded on October 26, dropping to 0.1692.

This high-to-low spread represents a total annual volatility of 0.0340 RUB. From a start-to-finish perspective, comparing the January average rate of 0.1921 to the December average rate of 0.1796, the exchange rate registered a net change of -6.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2032 was down 7.77% compared to the 2020 peak of 0.2203, 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 203,181 RUB
2020 Average 190,080 RUB
Yearly Trough Low 169,203 RUB
Transaction Impact: A difference of 33,977.22 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1970
0.1714
JanuMarcMayJulySeptNove

NGN to RUB 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 0.1883, compared to 0.1777 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0105 points.

H1 Avg (Jan–Jun) 0.1883
H2 Avg (Jul–Dec) 0.1777

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.0211 RUB (High: 0.2006 / Low: 0.1795). On the other end, September was the most stable month, with a tight range of 0.0026 RUB (High: 0.1783 / Low: 0.1757).

February Spread (Volatile) ±0.0211
September Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0118 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0118

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.1949) against the same month in 2020 (average: 0.1948), the exchange rate shifted by +0.0001 (+0.06%).

2021 Avg (April) 0.1949
2020 Avg (April) 0.1948

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1996 0.1855 0.1921
February 0.2006 0.1795 0.1908
March 0.2007 0.1807 0.1922
April 0.2032 0.1838 0.1949
May 0.1968 0.1773 0.1831
June 0.1786 0.1744 0.1765
July 0.1819 0.1778 0.1798
August 0.1808 0.1773 0.1787
September 0.1783 0.1757 0.1771
October 0.1772 0.1692 0.1735
November 0.1843 0.1722 0.1776
December 0.1816 0.1782 0.1796