2020 LBP to NGN Historical Review

YEARLY HIGH

0.4576 NGN

YEARLY LOW

0.2316 NGN

YEARLY AVERAGE

0.2521 NGN

2020 LBP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the LBP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 6, valuing the pair at 0.4576. Conversely, the yearly low was recorded on June 21, dropping to 0.2316.

This high-to-low spread represents a total annual volatility of 0.2260 NGN. From a start-to-finish perspective, comparing the January average rate of 0.2394 to the December average rate of 0.2534, the exchange rate registered a net change of 5.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4576 was up 87.88% compared to the 2019 peak of 0.2436, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,288 NGN

2019 Average 1,192 NGN

Yearly Trough Low 1,158 NGN

Transaction Impact: A difference of 1,129.83 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2650

0.2370

JanuMarcMayJulySeptNove

LBP 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 0.2495, compared to 0.2547 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0052 points.

H1 Avg (Jan–Jun) 0.2495

H2 Avg (Jul–Dec) 0.2547

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.2022 NGN (High: 0.4576 / Low: 0.2554). On the other end, February was the most stable month, with a tight range of 0.0028 NGN (High: 0.2419 / Low: 0.2391).

July Spread (Volatile) ±0.2022

February Spread (Stable) ±0.0028

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 July and August, when the average rate fell by 0.0080 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2020: 0.2627) against the same month in 2019 (average: 0.2386), the exchange rate shifted by +0.0241 (+10.10%).

2020 Avg (July) 0.2627

2019 Avg (July) 0.2386

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2409	0.2350	0.2394
February	0.2419	0.2391	0.2406
March	0.4017	0.2400	0.2502
April	0.2578	0.2422	0.2543
May	0.2583	0.2554	0.2572
June	0.2572	0.2316	0.2552
July	0.4576	0.2554	0.2627
August	0.2563	0.2503	0.2546
September	0.2560	0.2512	0.2533
October	0.2546	0.2502	0.2523
November	0.2538	0.2505	0.2521
December	0.2611	0.2505	0.2534