YEARLY HIGH
0.0427 NGN
YEARLY LOW
0.0351 NGN
YEARLY AVERAGE
0.0414 NGN

2019 LAK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the LAK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.0427. Conversely, the yearly low was recorded on August 26, dropping to 0.0351.

This high-to-low spread represents a total annual volatility of 0.0076 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0425 to the December average rate of 0.0409, the exchange rate registered a net change of -3.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0427 was down 1.99% compared to the 2018 peak of 0.0436, 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 213 NGN
2018 Average 215 NGN
Yearly Trough Low 176 NGN
Transaction Impact: A difference of 37.94 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0427
0.0398
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 0.0417, compared to 0.0411 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0417
H2 Avg (Jul–Dec) 0.0411

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0071 NGN (High: 0.0422 / Low: 0.0351). On the other end, November was the most stable month, with a tight range of 0.0002 NGN (High: 0.0410 / Low: 0.0408).

August Spread (Volatile) ±0.0071
November Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0015 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0425) against the same month in 2018 (average: 0.0433), the exchange rate shifted by -0.0009 (-1.97%).

2019 Avg (January) 0.0425
2018 Avg (January) 0.0433

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0427 0.0422 0.0425
February 0.0423 0.0421 0.0422
March 0.0422 0.0418 0.0420
April 0.0419 0.0414 0.0417
May 0.0418 0.0413 0.0416
June 0.0417 0.0352 0.0401
July 0.0416 0.0413 0.0414
August 0.0422 0.0351 0.0412
September 0.0415 0.0409 0.0411
October 0.0411 0.0409 0.0410
November 0.0410 0.0408 0.0409
December 0.0409 0.0408 0.0409