2021 ZAR to NGN Historical Review

YEARLY HIGH

30.7328 NGN

YEARLY LOW

24.4942 NGN

YEARLY AVERAGE

27.3133 NGN

2021 ZAR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 30.7328. Conversely, the yearly low was recorded on March 8, dropping to 24.4942.

This high-to-low spread represents a total annual volatility of 6.2386 NGN. From a start-to-finish perspective, comparing the January average rate of 25.6600 to the December average rate of 25.8998, the exchange rate registered a net change of 0.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 30.7328 was up 13.43% compared to the 2020 peak of 27.0934, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 1,536,640 NGN

2020 Average 1,160,249 NGN

Yearly Trough Low 1,224,709 NGN

Transaction Impact: A difference of 311,930.66 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

29.9442

25.2705

JanuMarcMayJulySeptNove

ZAR 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 27.2295, compared to 27.3970 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1675 points.

H1 Avg (Jan–Jun) 27.2295

H2 Avg (Jul–Dec) 27.3970

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 3.6066 NGN (High: 30.0225 / Low: 26.4159). On the other end, December was the most stable month, with a tight range of 1.0112 NGN (High: 26.4658 / Low: 25.4546).

May Spread (Volatile) ±3.6066

December Spread (Stable) ±1.0112

Growth Streaks & Declines

Trends

Between March and June, 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 June and July, when the average rate fell by 1.2051 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.2051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 29.5547) against the same month in 2020 (average: 22.6316), the exchange rate shifted by +6.9231 (+30.59%).

2021 Avg (June) 29.5547

2020 Avg (June) 22.6316

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.0553	24.9808	25.6600
February	28.1463	25.2119	26.4064
March	27.7189	24.4942	25.8988
April	28.7473	25.9880	27.0876
May	30.0225	26.4159	28.7697
June	30.7328	28.5662	29.5547
July	28.9714	27.7032	28.3496
August	28.7431	26.8692	27.8269
September	29.1100	27.1256	28.2440
October	28.5172	26.9106	27.6322
November	27.6369	25.1869	26.4296
December	26.4658	25.4546	25.8998

2021 ZAR నుండి NGN చారిత్రక సమీక్ష