YEARLY HIGH
0.0438 NGN
YEARLY LOW
0.0407 NGN
YEARLY AVERAGE
0.0420 NGN

2020 LAK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the LAK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 31, valuing the pair at 0.0438. Conversely, the yearly low was recorded on January 10, dropping to 0.0407.

This high-to-low spread represents a total annual volatility of 0.0031 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0408 to the December average rate of 0.0413, the exchange rate registered a net change of 1.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0438 was up 2.57% compared to the 2019 peak of 0.0427, 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 219 NGN
2019 Average 207 NGN
Yearly Trough Low 203 NGN
Transaction Impact: A difference of 15.51 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0435
0.0405
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 0.0418 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0421
H2 Avg (Jul–Dec) 0.0418

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0030 NGN (High: 0.0438 / Low: 0.0408). On the other end, July was the most stable month, with a tight range of 0.0003 NGN (High: 0.0429 / Low: 0.0427).

March Spread (Volatile) ±0.0030
July Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0007 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0416) against the same month in 2019 (average: 0.0420), the exchange rate shifted by -0.0004 (-0.86%).

2020 Avg (March) 0.0416
2019 Avg (March) 0.0420

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0410 0.0407 0.0408
February 0.0411 0.0407 0.0409
March 0.0438 0.0408 0.0416
April 0.0437 0.0409 0.0429
May 0.0435 0.0430 0.0433
June 0.0431 0.0428 0.0430
July 0.0429 0.0427 0.0428
August 0.0428 0.0417 0.0424
September 0.0425 0.0415 0.0420
October 0.0418 0.0409 0.0413
November 0.0415 0.0410 0.0412
December 0.0425 0.0409 0.0413