YEARLY HIGH
0.0430 NGN
YEARLY LOW
0.0243 NGN
YEARLY AVERAGE
0.0317 NGN

2016 LAK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the LAK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 0.0430. Conversely, the yearly low was recorded on February 9, dropping to 0.0243.

This high-to-low spread represents a total annual volatility of 0.0187 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0244 to the December average rate of 0.0386, the exchange rate registered a net change of 57.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0430 was up 70.72% compared to the 2015 peak of 0.0252, 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 215 NGN
2015 Average 122 NGN
Yearly Trough Low 121 NGN
Transaction Impact: A difference of 93.67 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0414
0.0229
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 0.0250, compared to 0.0384 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0134 points.

H1 Avg (Jan–Jun) 0.0250
H2 Avg (Jul–Dec) 0.0384

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0104 NGN (High: 0.0349 / Low: 0.0245). On the other end, January was the most stable month, with a tight range of 0.0002 NGN (High: 0.0245 / Low: 0.0244).

June Spread (Volatile) ±0.0104
January Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between May and August, 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 August and September, when the average rate fell by 0.0012 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 0.0398) against the same month in 2015 (average: 0.0243), the exchange rate shifted by +0.0155 (+63.99%).

2016 Avg (August) 0.0398
2015 Avg (August) 0.0243

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0245 0.0244 0.0244
February 0.0246 0.0243 0.0245
March 0.0246 0.0243 0.0245
April 0.0247 0.0245 0.0245
May 0.0246 0.0244 0.0245
June 0.0349 0.0245 0.0277
July 0.0396 0.0348 0.0362
August 0.0430 0.0386 0.0398
September 0.0389 0.0383 0.0387
October 0.0388 0.0380 0.0385
November 0.0387 0.0381 0.0384
December 0.0396 0.0372 0.0386