2020 LYD to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 LYD to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the LYD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 293.9972. Conversely, the yearly low was recorded on March 25, dropping to 254.9481.
This high-to-low spread represents a total annual volatility of 39.0491 NGN. From a start-to-finish perspective, comparing the January average rate of 258.8180 to the December average rate of 285.4579, the exchange rate registered a net change of 10.29% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 293.9972 was up 11.64% compared to the 2019 peak of 263.3532, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LYD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
LYD 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 267.3866, compared to 280.9561 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.5696 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 22.5644 NGN (High: 277.5124 / Low: 254.9481). On the other end, January was the most stable month, with a tight range of 2.7066 NGN (High: 260.3578 / Low: 257.6512).
Growth Streaks & Declines
TrendsBetween February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.2074 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 285.4579) against the same month in 2019 (average: 258.5394), the exchange rate shifted by +26.9185 (+10.41%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 260.3578 | 257.6512 | 258.8180 |
| February | 260.1502 | 256.3392 | 258.5458 |
| March | 277.5124 | 254.9481 | 263.9858 |
| April | 276.0942 | 259.9760 | 272.2116 |
| May | 276.1330 | 272.3997 | 274.4551 |
| June | 277.7997 | 274.5671 | 276.3031 |
| July | 281.4738 | 276.1974 | 278.5228 |
| August | 283.4853 | 274.2754 | 281.0343 |
| September | 284.7721 | 276.7995 | 280.5113 |
| October | 281.4121 | 277.6325 | 279.3039 |
| November | 284.0238 | 278.3883 | 280.9065 |
| December | 293.9972 | 281.7261 | 285.4579 |