2021 UYU to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 UYU to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the UYU to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 31, valuing the pair at 9.6897. Conversely, the yearly low was recorded on March 18, dropping to 8.5278.
This high-to-low spread represents a total annual volatility of 1.1619 NGN. From a start-to-finish perspective, comparing the January average rate of 9.1670 to the December average rate of 9.2783, the exchange rate registered a net change of 1.21% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 9.6897 was down 1.20% compared to the 2020 peak of 9.8070, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 UYU based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
UYU 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 9.0896, compared to 9.4302 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3406 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was February, with a trading range of 0.8208 NGN (High: 9.6474 / Low: 8.8266). On the other end, September was the most stable month, with a tight range of 0.1030 NGN (High: 9.6874 / Low: 9.5845).
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 0.3571 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2021: 9.5021) against the same month in 2020 (average: 9.0299), the exchange rate shifted by +0.4722 (+5.23%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.3648 | 8.9894 | 9.1670 |
| February | 9.6474 | 8.8266 | 9.1289 |
| March | 9.2681 | 8.5278 | 8.7718 |
| April | 9.3189 | 8.5925 | 8.8537 |
| May | 9.4171 | 8.6211 | 9.1849 |
| June | 9.4789 | 9.3632 | 9.4314 |
| July | 9.4513 | 9.3099 | 9.3807 |
| August | 9.6897 | 9.3794 | 9.5021 |
| September | 9.6874 | 9.5845 | 9.6451 |
| October | 9.6031 | 9.3313 | 9.4426 |
| November | 9.4509 | 9.2767 | 9.3324 |
| December | 9.3331 | 9.2142 | 9.2783 |