2021 SRD to NGN Historical Review

YEARLY HIGH

29.1790 NGN

YEARLY LOW

18.9979 NGN

YEARLY AVERAGE

22.9962 NGN

2021 SRD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SRD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 14, valuing the pair at 29.1790. Conversely, the yearly low was recorded on December 12, dropping to 18.9979.

This high-to-low spread represents a total annual volatility of 10.1812 NGN. From a start-to-finish perspective, comparing the January average rate of 27.4009 to the December average rate of 19.4182, the exchange rate registered a net change of -29.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 29.1790 was down 44.41% compared to the 2020 peak of 52.4897, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SRD based on timing:

Yearly Peak High 145,895 NGN

2020 Average 221,456 NGN

Yearly Trough Low 94,989 NGN

Transaction Impact: A difference of 50,905.87 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

29.5046

18.1626

JanuMarcMayJulySeptNove

SRD to NGN 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 26.7190, compared to 19.2733 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.4456 points.

H1 Avg (Jan–Jun) 26.7190

H2 Avg (Jul–Dec) 19.2733

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 9.9789 NGN (High: 29.1472 / Low: 19.1684). On the other end, August was the most stable month, with a tight range of 0.1648 NGN (High: 19.3382 / Low: 19.1734).

June Spread (Volatile) ±9.9789

August Spread (Stable) ±0.1648

Growth Streaks & Declines

Trends

Between March and May, 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 May and June, when the average rate fell by 6.7710 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -6.7710

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 28.5594) against the same month in 2020 (average: 52.1762), the exchange rate shifted by -23.6168 (-45.26%).

2021 Avg (May) 28.5594

2020 Avg (May) 52.1762

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	28.0274	26.8829	27.4009
February	29.1386	26.8475	27.5472
March	29.0351	26.8475	27.4146
April	29.0398	26.8122	27.6034
May	29.1790	26.8475	28.5594
June	29.1472	19.1684	21.7884
July	19.7215	19.2038	19.4366
August	19.3382	19.1734	19.2398
September	19.4157	19.1690	19.2549
October	19.2694	19.0780	19.1828
November	19.1843	19.0181	19.1078
December	21.1934	18.9979	19.4182

2021 SRD నుండి NGN చారిత్రక సమీక్ష