YEARLY HIGH
41.1597 LAK
YEARLY LOW
23.2399 LAK
YEARLY AVERAGE
33.1463 LAK

2016 NGN to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 9, valuing the pair at 41.1597. Conversely, the yearly low was recorded on August 22, dropping to 23.2399.

This high-to-low spread represents a total annual volatility of 17.9197 LAK. From a start-to-finish perspective, comparing the January average rate of 40.9139 to the December average rate of 25.9146, the exchange rate registered a net change of -36.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 41.1597 was down 8.68% compared to the 2015 peak of 45.0736, 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 41,159,672 LAK
2015 Average 41,115,895 LAK
Yearly Trough Low 23,239,943 LAK
Transaction Impact: A difference of 17,919,729.64 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

42.4937
23.5363
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: Jan–Jun) was 40.2013, compared to 26.0912 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 14.1101 points.

H1 Avg (Jan–Jun) 40.2013
H2 Avg (Jul–Dec) 26.0912

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 12.1823 LAK (High: 40.8271 / Low: 28.6448). On the other end, January was the most stable month, with a tight range of 0.2980 LAK (High: 41.0341 / Low: 40.7361).

June Spread (Volatile) ±12.1823
January Spread (Stable) ±0.2980

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 9.4043 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -9.4043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 40.8306) against the same month in 2015 (average: 40.9372), the exchange rate shifted by -0.1066 (-0.26%).

2016 Avg (February) 40.8306
2015 Avg (February) 40.9372

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 41.0341 40.7361 40.9139
February 41.1597 40.5935 40.8306
March 41.0687 40.6889 40.8509
April 40.8437 40.5017 40.7414
May 41.0023 40.7022 40.7728
June 40.8271 28.6448 37.0983
July 28.7163 25.2818 27.6940
August 25.9152 23.2399 25.1161
September 26.0801 25.6793 25.8653
October 26.3092 25.7489 25.9483
November 26.2154 25.8457 26.0090
December 26.8582 25.2770 25.9146