2019 LRD to NGN Historical Review

YEARLY HIGH

2.3143 NGN

YEARLY LOW

1.4949 NGN

YEARLY AVERAGE

1.9551 NGN

2019 LRD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the LRD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 2.3143. Conversely, the yearly low was recorded on August 26, dropping to 1.4949.

This high-to-low spread represents a total annual volatility of 0.8194 NGN. From a start-to-finish perspective, comparing the January average rate of 2.2841 to the December average rate of 1.9226, the exchange rate registered a net change of -15.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.3143 was down 21.92% compared to the 2018 peak of 2.9638, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,571 NGN

2018 Average 12,639 NGN

Yearly Trough Low 7,474 NGN

Transaction Impact: A difference of 4,097.00 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.3411

1.6567

JanuMarcMayJulySeptNove

LRD 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 2.1198, compared to 1.7905 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3293 points.

H1 Avg (Jan–Jun) 2.1198

H2 Avg (Jul–Dec) 1.7905

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.3069 NGN (High: 1.8865 / Low: 1.5796). On the other end, February was the most stable month, with a tight range of 0.0136 NGN (High: 2.2506 / Low: 2.2370).

June Spread (Volatile) ±0.3069

February Spread (Stable) ±0.0136

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.2138 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2138

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 2.2841) against the same month in 2018 (average: 2.8393), the exchange rate shifted by -0.5551 (-19.55%).

2019 Avg (January) 2.2841

2018 Avg (January) 2.8393

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3143	2.2498	2.2841
February	2.2506	2.2370	2.2445
March	2.2357	2.2092	2.2210
April	2.2109	2.1149	2.1711
May	2.1274	1.8865	2.0058
June	1.8865	1.5796	1.7920
July	1.8458	1.7787	1.8019
August	1.7923	1.4949	1.7635
September	1.7536	1.7215	1.7358
October	1.7302	1.7070	1.7137
November	1.8806	1.7106	1.8054
December	1.9383	1.8875	1.9226