2021 NGN to XOF Historical Review

YEARLY HIGH

1.4641 XOF

YEARLY LOW

1.2983 XOF

YEARLY AVERAGE

1.3762 XOF

2021 NGN to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 1.4641. Conversely, the yearly low was recorded on May 25, dropping to 1.2983.

This high-to-low spread represents a total annual volatility of 0.1658 XOF. From a start-to-finish perspective, comparing the January average rate of 1.3904 to the December average rate of 1.4109, the exchange rate registered a net change of 1.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.4641 was down 12.83% compared to the 2020 peak of 1.6796, 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 1,464,094 XOF

2020 Average 1,514,135 XOF

Yearly Trough Low 1,298,280 XOF

Transaction Impact: A difference of 165,813.42 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.4311

1.3156

JanuMarcMayJulySeptNove

NGN to XOF 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 1.3785, compared to 1.3740 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 1.3785

H2 Avg (Jul–Dec) 1.3740

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.1374 XOF (High: 1.4357 / Low: 1.2983). On the other end, July was the most stable month, with a tight range of 0.0151 XOF (High: 1.3554 / Low: 1.3403).

May Spread (Volatile) ±0.1374

July Spread (Stable) ±0.0151

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 0.0674 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0674

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 1.4048) against the same month in 2020 (average: 1.5686), the exchange rate shifted by -0.1638 (-10.44%).

2021 Avg (April) 1.4048

2020 Avg (April) 1.5686

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4250	1.3538	1.3904
February	1.4341	1.3125	1.3917
March	1.4636	1.3431	1.4214
April	1.4641	1.3310	1.4048
May	1.4357	1.2983	1.3374
June	1.3486	1.3039	1.3252
July	1.3554	1.3403	1.3488
August	1.3650	1.3420	1.3542
September	1.3781	1.3411	1.3540
October	1.3836	1.3672	1.3762
November	1.4260	1.3715	1.3998
December	1.4228	1.3987	1.4109

2021 NGN నుండి XOF చారిత్రక సమీక్ష