2014 NGN to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 NGN to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the NGN to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 50.6063. Conversely, the yearly low was recorded on December 23, dropping to 43.6797.
This high-to-low spread represents a total annual volatility of 6.9267 LAK. From a start-to-finish perspective, comparing the January average rate of 50.1468 to the December average rate of 44.4168, the exchange rate registered a net change of -11.43% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 50.6063 was down 0.94% compared to the 2013 peak of 51.0848, indicating shifts in long-term support levels.
Comparing the value generated converting 1,000,000 NGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
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 49.4413, compared to 48.1420 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2993 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was November, with a trading range of 3.5061 LAK (High: 48.6392 / Low: 45.1331). On the other end, March was the most stable month, with a tight range of 0.3927 LAK (High: 48.9923 / Low: 48.5996).
Growth Streaks & Declines
TrendsBetween March and May, 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 November and December, when the average rate fell by 2.5275 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2014: 49.7712) against the same month in 2013 (average: 48.5711), the exchange rate shifted by +1.2000 (+2.47%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 50.5956 | 49.3218 | 50.1468 |
| February | 49.4738 | 48.4619 | 48.9701 |
| March | 48.9923 | 48.5996 | 48.7810 |
| April | 50.0918 | 48.7634 | 49.5940 |
| May | 50.6063 | 49.3711 | 49.7712 |
| June | 49.6433 | 49.1612 | 49.3849 |
| July | 49.8011 | 49.3433 | 49.6134 |
| August | 50.0101 | 49.4609 | 49.6657 |
| September | 49.6145 | 49.0716 | 49.3329 |
| October | 49.2249 | 48.6192 | 48.8790 |
| November | 48.6392 | 45.1331 | 46.9443 |
| December | 45.0289 | 43.6797 | 44.4168 |