YEARLY HIGH
36.7238 NGN
YEARLY LOW
33.2660 NGN
YEARLY AVERAGE
35.4869 NGN

2021 TJS to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TJS to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 1, valuing the pair at 36.7238. Conversely, the yearly low was recorded on April 27, dropping to 33.2660.

This high-to-low spread represents a total annual volatility of 3.4577 NGN. From a start-to-finish perspective, comparing the January average rate of 34.0891 to the December average rate of 36.4174, the exchange rate registered a net change of 6.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 36.7238 was down 5.95% compared to the 2020 peak of 39.0457, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 183,619 NGN
2020 Average 184,638 NGN
Yearly Trough Low 166,330 NGN
Transaction Impact: A difference of 17,288.65 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

36.6715
33.8144
JanuMarcMayJulySeptNove

TJS 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 34.6896, compared to 36.2842 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5946 points.

H1 Avg (Jan–Jun) 34.6896
H2 Avg (Jul–Dec) 36.2842

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 3.0146 NGN (High: 36.3420 / Low: 33.3274). On the other end, September was the most stable month, with a tight range of 0.1858 NGN (High: 36.3905 / Low: 36.2047).

May Spread (Volatile) ±3.0146
September Spread (Stable) ±0.1858

Growth Streaks & Declines

Trends

Between March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1602 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.1602

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 36.4334) against the same month in 2020 (average: 34.2647), the exchange rate shifted by +2.1687 (+6.33%).

2021 Avg (November) 36.4334
2020 Avg (November) 34.2647

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 35.0281 33.4031 34.0891
February 36.1342 33.3642 34.2128
March 36.0132 33.3403 34.0525
April 36.0138 33.2660 34.2693
May 36.3420 33.3274 35.4528
June 36.1968 35.9402 36.0613
July 36.1491 35.9561 36.0645
August 36.3327 35.9525 36.0934
September 36.3905 36.2047 36.3023
October 36.5870 36.2619 36.3945
November 36.7238 36.2883 36.4334
December 36.6709 36.2899 36.4174