YEARLY HIGH
0.0441 NGN
YEARLY LOW
0.0346 NGN
YEARLY AVERAGE
0.0415 NGN

2021 LAK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the LAK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 0.0441. Conversely, the yearly low was recorded on December 6, dropping to 0.0346.

This high-to-low spread represents a total annual volatility of 0.0094 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0416 to the December average rate of 0.0371, the exchange rate registered a net change of -10.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0441 was up 0.64% compared to the 2020 peak of 0.0438, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 220 NGN
2020 Average 210 NGN
Yearly Trough Low 173 NGN
Transaction Impact: A difference of 47.23 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0441
0.0365
JanuMarcMayJulySeptNove

LAK 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 0.0421, compared to 0.0409 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0421
H2 Avg (Jul–Dec) 0.0409

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0035 NGN (High: 0.0438 / Low: 0.0403). On the other end, August was the most stable month, with a tight range of 0.0003 NGN (High: 0.0431 / Low: 0.0428).

May Spread (Volatile) ±0.0035
August Spread (Stable) ±0.0003

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 October and November, when the average rate fell by 0.0019 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.0417) against the same month in 2020 (average: 0.0409), the exchange rate shifted by +0.0008 (+2.00%).

2021 Avg (February) 0.0417
2020 Avg (February) 0.0409

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0425 0.0408 0.0416
February 0.0441 0.0407 0.0417
March 0.0437 0.0404 0.0414
April 0.0436 0.0403 0.0415
May 0.0438 0.0403 0.0429
June 0.0437 0.0433 0.0435
July 0.0434 0.0431 0.0432
August 0.0431 0.0428 0.0430
September 0.0430 0.0415 0.0425
October 0.0414 0.0399 0.0406
November 0.0402 0.0378 0.0387
December 0.0378 0.0346 0.0371