YEARLY HIGH
92.8663 NGN
YEARLY LOW
84.8968 NGN
YEARLY AVERAGE
88.2093 NGN

2022 LYD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the LYD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 92.8663. Conversely, the yearly low was recorded on July 22, dropping to 84.8968.

This high-to-low spread represents a total annual volatility of 7.9695 NGN. From a start-to-finish perspective, comparing the January average rate of 90.1585 to the December average rate of 92.0716, the exchange rate registered a net change of 2.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 92.8663 was down 68.53% compared to the 2021 peak of 295.0793, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 464,332 NGN
2021 Average 458,117 NGN
Yearly Trough Low 424,484 NGN
Transaction Impact: A difference of 39,847.45 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

92.6708
85.4811
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 88.6422, compared to 87.7764 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8658 points.

H1 Avg (Jan–Jun) 88.6422
H2 Avg (Jul–Dec) 87.7764

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 3.3432 NGN (High: 90.7820 / Low: 87.4388). On the other end, February was the most stable month, with a tight range of 0.9733 NGN (High: 91.0502 / Low: 90.0769).

November Spread (Volatile) ±3.3432
February Spread (Stable) ±0.9733

Growth Streaks & Declines

Trends

Between August and December, 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 April and May, when the average rate fell by 1.8294 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.8294

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 92.0716) against the same month in 2021 (average: 89.3595), the exchange rate shifted by +2.7121 (+3.04%).

2022 Avg (December) 92.0716
2021 Avg (December) 89.3595

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 90.7712 89.4766 90.1585
February 91.0502 90.0769 90.6597
March 90.1964 88.9630 89.4998
April 89.7103 86.7837 88.3872
May 87.2633 86.0057 86.5579
June 87.4433 85.8139 86.5900
July 87.3588 84.8968 86.1053
August 87.1726 85.2643 86.0803
September 87.6014 85.1734 86.2385
October 88.1494 85.5292 86.8171
November 90.7820 87.4388 89.3455
December 92.8663 90.7120 92.0716