2021 VEF to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
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.
Comparing the value generated converting 5,000 VEF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
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 1.8769 points.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |