2010 NGN to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2010.
2010 NGN to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2010
During 2010, the NGN to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 57.3425. Conversely, the yearly low was recorded on December 20, dropping to 51.7710.
This high-to-low spread represents a total annual volatility of 5.5714 LAK. From a start-to-finish perspective, comparing the January average rate of 56.3123 to the December average rate of 52.7171, the exchange rate registered a net change of -6.38% (reflecting a weakening trend).
Comparing the value generated converting 1,000,000 NGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2010.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 55.8500, compared to 53.6794 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.1706 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2010 was April, with a trading range of 2.3287 LAK (High: 56.8919 / Low: 54.5633). On the other end, July was the most stable month, with a tight range of 0.4221 LAK (High: 55.1221 / Low: 54.7000).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2010. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.4074 points.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for February 2010 is 56.2680.
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 56.8687 | 55.9360 | 56.3123 |
| February | 57.3425 | 55.9255 | 56.2680 |
| March | 56.8594 | 56.0505 | 56.4871 |
| April | 56.8919 | 54.5633 | 56.3479 |
| May | 56.5429 | 54.2486 | 54.9405 |
| June | 54.9933 | 54.4767 | 54.7444 |
| July | 55.1221 | 54.7000 | 54.8822 |
| August | 54.9957 | 53.9411 | 54.5935 |
| September | 54.2375 | 52.3293 | 53.6483 |
| October | 53.5929 | 52.2370 | 52.9291 |
| November | 53.5231 | 52.9488 | 53.3061 |
| December | 53.3687 | 51.7710 | 52.7171 |