YEARLY HIGH
0.0369 NGN
YEARLY LOW
0.0240 NGN
YEARLY AVERAGE
0.0304 NGN

2022 LAK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the LAK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.0369. Conversely, the yearly low was recorded on November 20, dropping to 0.0240.

This high-to-low spread represents a total annual volatility of 0.0129 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0367 to the December average rate of 0.0257, the exchange rate registered a net change of -29.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0369 was down 16.24% compared to the 2021 peak of 0.0441, 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 185 NGN
2021 Average 207 NGN
Yearly Trough Low 120 NGN
Transaction Impact: A difference of 64.60 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0378
0.0246
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 0.0341, compared to 0.0266 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0075 points.

H1 Avg (Jan–Jun) 0.0341
H2 Avg (Jul–Dec) 0.0266

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 0.0036 NGN (High: 0.0311 / Low: 0.0275). On the other end, December was the most stable month, with a tight range of 0.0003 NGN (High: 0.0259 / Low: 0.0256).

June Spread (Volatile) ±0.0036
December Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0034 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.0367) against the same month in 2021 (average: 0.0416), the exchange rate shifted by -0.0049 (-11.85%).

2022 Avg (January) 0.0367
2021 Avg (January) 0.0416

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0369 0.0364 0.0367
February 0.0367 0.0363 0.0365
March 0.0364 0.0354 0.0361
April 0.0354 0.0345 0.0349
May 0.0335 0.0309 0.0321
June 0.0311 0.0275 0.0286
July 0.0283 0.0275 0.0279
August 0.0280 0.0273 0.0276
September 0.0276 0.0261 0.0269
October 0.0262 0.0254 0.0258
November 0.0262 0.0240 0.0257
December 0.0259 0.0256 0.0257