YEARLY HIGH
413.8611 NGN
YEARLY LOW
0.0016 NGN
YEARLY AVERAGE
400.1148 NGN

2021 VEF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the VEF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 413.8611. Conversely, the yearly low was recorded on January 3, dropping to 0.0016.

This high-to-low spread represents a total annual volatility of 413.8596 NGN. From a start-to-finish perspective, comparing the January average rate of 349.6926 to the December average rate of 411.2312, the exchange rate registered a net change of 17.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 413.8611 was up 26039979.33% compared to the 2020 peak of 0.0016, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,069,306 NGN
2020 Average 8 NGN
Yearly Trough Low 8 NGN
Transaction Impact: A difference of 2,069,297.89 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

417.7482
343.5057
JanuMarcMayJulySeptNove

VEF 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 388.9792, compared to 411.2504 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 22.2712 points.

H1 Avg (Jan–Jun) 388.9792
H2 Avg (Jul–Dec) 411.2504

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 396.3336 NGN (High: 396.3352 / Low: 0.0016). On the other end, August was the most stable month, with a tight range of 1.0324 NGN (High: 411.9587 / Low: 410.9263).

January Spread (Volatile) ±396.3336
August Spread (Stable) ±1.0324

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 February and March, when the average rate fell by 1.8769 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.8769

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 411.2312) against the same month in 2020 (average: 0.0015), the exchange rate shifted by +411.2296 (+26619714.44%).

2021 Avg (December) 411.2312
2020 Avg (December) 0.0015

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 396.3352 0.0016 349.6926
February 412.4276 380.0000 389.9028
March 410.9625 380.0000 388.0258
April 411.0300 379.5000 390.6984
May 413.0000 380.0000 404.2299
June 412.8108 410.0000 411.3259
July 411.6434 410.0000 411.1813
August 411.9587 410.9263 411.5507
September 412.5451 410.1785 411.5613
October 412.5839 410.3100 411.0246
November 412.6301 409.8800 410.9535
December 413.8611 409.5558 411.2312