2021 TTD to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 TTD to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the TTD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 61.5345. Conversely, the yearly low was recorded on April 27, dropping to 55.8263.
This high-to-low spread represents a total annual volatility of 5.7082 NGN. From a start-to-finish perspective, comparing the January average rate of 57.0840 to the December average rate of 60.5259, the exchange rate registered a net change of 6.03% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 61.5345 was up 5.60% compared to the 2020 peak of 58.2721, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TTD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
TTD to NGN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 58.2307, compared to 60.5599 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3292 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was May, with a trading range of 4.8545 NGN (High: 60.8507 / Low: 55.9962). On the other end, September was the most stable month, with a tight range of 0.2305 NGN (High: 60.6906 / Low: 60.4601).
Growth Streaks & Declines
TrendsBetween 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 February and March, when the average rate fell by 0.3048 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2021: 60.6235) against the same month in 2020 (average: 57.3132), the exchange rate shifted by +3.3104 (+5.78%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 58.3788 | 55.9911 | 57.0840 |
| February | 60.6902 | 56.0118 | 57.4453 |
| March | 60.4825 | 55.9194 | 57.1405 |
| April | 60.4970 | 55.8263 | 57.5644 |
| May | 60.8507 | 55.9962 | 59.5265 |
| June | 61.5345 | 60.3559 | 60.6235 |
| July | 60.7480 | 60.3517 | 60.5751 |
| August | 60.7217 | 60.4581 | 60.6003 |
| September | 60.6906 | 60.4601 | 60.5886 |
| October | 60.7945 | 60.3779 | 60.5248 |
| November | 60.7797 | 60.3187 | 60.5445 |
| December | 60.8559 | 60.2235 | 60.5259 |