2021 NGN to STD Historical Review

YEARLY HIGH

54.6978 STD

YEARLY LOW

49.3116 STD

YEARLY AVERAGE

51.4195 STD

2021 NGN to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 2, valuing the pair at 54.6978. Conversely, the yearly low was recorded on February 20, dropping to 49.3116.

This high-to-low spread represents a total annual volatility of 5.3862 STD. From a start-to-finish perspective, comparing the January average rate of 52.7532 to the December average rate of 51.5931, the exchange rate registered a net change of -2.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 54.6978 was down 10.02% compared to the 2020 peak of 60.7893, 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 54,697,775 STD

2020 Average 56,624,796 STD

Yearly Trough Low 49,311,603 STD

Transaction Impact: A difference of 5,386,171.66 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

53.4621

49.5619

JanuMarcMayJulySeptNove

NGN to STD 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 52.0694, compared to 50.7697 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2997 points.

H1 Avg (Jan–Jun) 52.0694

H2 Avg (Jul–Dec) 50.7697

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 4.5473 STD (High: 53.8589 / Low: 49.3116). On the other end, July was the most stable month, with a tight range of 0.4271 STD (High: 50.3050 / Low: 49.8779).

February Spread (Volatile) ±4.5473

July Spread (Stable) ±0.4271

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 1.7857 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.7857

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 53.1371) against the same month in 2020 (average: 57.3131), the exchange rate shifted by -4.1760 (-7.29%).

2021 Avg (April) 53.1371

2020 Avg (April) 57.3131

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	53.7881	51.3990	52.7532
February	53.8589	49.3116	52.2943
March	54.3678	50.1727	52.9933
April	54.6978	50.4539	53.1371
May	54.5679	50.2104	51.3514
June	50.3934	49.3371	49.8869
July	50.3050	49.8779	50.1184
August	50.6598	50.2085	50.3843
September	51.1421	50.1715	50.3788
October	51.1993	50.6316	50.9473
November	51.6951	50.7176	51.1962
December	52.0021	51.2714	51.5931

2021 NGN నుండి STD చారిత్రక సమీక్ష