2018 LSL to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 LSL to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the LSL to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 31.1891. Conversely, the yearly low was recorded on September 16, dropping to 23.2506.
This high-to-low spread represents a total annual volatility of 7.9385 NGN. From a start-to-finish perspective, comparing the January average rate of 29.5570 to the December average rate of 25.5291, the exchange rate registered a net change of -13.63% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 31.1891 was up 6.86% compared to the 2017 peak of 29.1882, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LSL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
LSL to NGN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 29.3484, compared to 25.6383 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.7101 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was June, with a trading range of 2.6429 NGN (High: 28.6876 / Low: 26.0447). On the other end, March was the most stable month, with a tight range of 0.9194 NGN (High: 30.8956 / Low: 29.9762).
Growth Streaks & Declines
TrendsBetween September and November, 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 1.5126 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2018: 30.4673) against the same month in 2017 (average: 23.8632), the exchange rate shifted by +6.6040 (+27.67%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 30.4348 | 28.8380 | 29.5570 |
| February | 31.1891 | 29.6174 | 30.4673 |
| March | 30.8956 | 29.9762 | 30.3767 |
| April | 30.4377 | 28.8593 | 29.7564 |
| May | 29.3498 | 28.2791 | 28.7228 |
| June | 28.6876 | 26.0447 | 27.2102 |
| July | 27.5369 | 26.0048 | 26.8984 |
| August | 27.2790 | 24.7746 | 26.0199 |
| September | 25.7295 | 23.2506 | 24.5735 |
| October | 25.7104 | 24.3729 | 25.0082 |
| November | 26.5864 | 25.1050 | 25.8006 |
| December | 26.6160 | 24.9922 | 25.5291 |