YEARLY HIGH
28.8819 LAK
YEARLY LOW
22.6914 LAK
YEARLY AVERAGE
24.1657 LAK

2021 NGN to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 28.8819. Conversely, the yearly low was recorded on February 20, dropping to 22.6914.

This high-to-low spread represents a total annual volatility of 6.1905 LAK. From a start-to-finish perspective, comparing the January average rate of 24.0349 to the December average rate of 26.9524, the exchange rate registered a net change of 12.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 28.8819 was up 17.51% compared to the 2020 peak of 24.5781, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 28,881,892 LAK
2020 Average 23,845,543 LAK
Yearly Trough Low 22,691,361 LAK
Transaction Impact: A difference of 6,190,531.06 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

27.3470
22.6118
JanuMarcMayJulySeptNove

NGN to LAK 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: JanтАУJun) was 23.7753, compared to 24.5560 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.7807 points.

H1 Avg (JanтАУJun) 23.7753
H2 Avg (JulтАУDec) 24.5560

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 2.4449 LAK (High: 28.8819 / Low: 26.4369). On the other end, August was the most stable month, with a tight range of 0.1420 LAK (High: 23.3424 / Low: 23.2004).

December Spread (Volatile) ┬▒2.4449
August Spread (Stable) ┬▒0.1420

Growth Streaks & Declines

Trends

Between June and December, 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 April and May, when the average rate fell by 0.7582 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.7582

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 26.9524) against the same month in 2020 (average: 24.1955), the exchange rate shifted by +2.7568 (+11.39%).

2021 Avg (December) 26.9524
2020 Avg (December) 24.1955

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 24.5335 23.5042 24.0349
February 24.5592 22.6914 23.9731
March 24.7368 22.8763 24.1843
April 24.8155 22.9332 24.1056
May 24.8099 22.8445 23.3474
June 23.1169 22.8804 23.0064
July 23.2244 23.0275 23.1416
August 23.3424 23.2004 23.2810
September 24.1160 23.2734 23.5218
October 25.0622 24.1487 24.6035
November 26.4810 24.9020 25.8359
December 28.8819 26.4369 26.9524