2021 TWD to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 TWD to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the TWD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 14.9740. Conversely, the yearly low was recorded on March 27, dropping to 13.2833.
This high-to-low spread represents a total annual volatility of 1.6907 NGN. From a start-to-finish perspective, comparing the January average rate of 13.8542 to the December average rate of 14.8398, the exchange rate registered a net change of 7.11% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 14.9740 was up 6.63% compared to the 2020 peak of 14.0434, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
TWD 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 14.1203, compared to 14.7800 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6597 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was May, with a trading range of 1.3689 NGN (High: 14.9637 / Low: 13.5947). On the other end, July was the most stable month, with a tight range of 0.1514 NGN (High: 14.7727 / Low: 14.6212).
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 0.2218 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2021: 14.8251) against the same month in 2020 (average: 13.0710), the exchange rate shifted by +1.7542 (+13.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.1511 | 13.5819 | 13.8542 |
| February | 14.7671 | 13.5925 | 13.9603 |
| March | 14.4718 | 13.2833 | 13.7384 |
| April | 14.5372 | 13.3471 | 13.8360 |
| May | 14.9637 | 13.5947 | 14.5079 |
| June | 14.9740 | 14.6644 | 14.8251 |
| July | 14.7727 | 14.6212 | 14.6986 |
| August | 14.9123 | 14.6804 | 14.7730 |
| September | 14.9429 | 14.7774 | 14.8581 |
| October | 14.8206 | 14.6321 | 14.7297 |
| November | 14.8598 | 14.7078 | 14.7809 |
| December | 14.9403 | 14.7316 | 14.8398 |