YEARLY HIGH
27.0897 LAK
YEARLY LOW
22.4511 LAK
YEARLY AVERAGE
24.7259 LAK

2017 NGN to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 27.0897. Conversely, the yearly low was recorded on August 5, dropping to 22.4511.

This high-to-low spread represents a total annual volatility of 4.6385 LAK. From a start-to-finish perspective, comparing the January average rate of 25.9314 to the December average rate of 23.1298, the exchange rate registered a net change of -10.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 27.0897 was down 34.18% compared to the 2016 peak of 41.1597, 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 27,089,670 LAK
2016 Average 33,112,131 LAK
Yearly Trough Low 22,451,127 LAK
Transaction Impact: A difference of 4,638,542.61 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

26.3005
22.8416
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 25.8211, compared to 23.6307 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.1904 points.

H1 Avg (Jan–Jun) 25.8211
H2 Avg (Jul–Dec) 23.6307

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 3.8599 LAK (High: 26.3110 / Low: 22.4511). On the other end, December was the most stable month, with a tight range of 0.2727 LAK (High: 23.2203 / Low: 22.9476).

August Spread (Volatile) ±3.8599
December Spread (Stable) ±0.2727

Growth Streaks & Declines

Trends

Between May and July, 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 July and August, when the average rate fell by 2.7842 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.7842

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 26.0122) against the same month in 2016 (average: 27.6940), the exchange rate shifted by -1.6818 (-6.07%).

2017 Avg (July) 26.0122
2016 Avg (July) 27.6940

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 26.9254 25.3242 25.9314
February 26.1997 25.3985 25.7922
March 26.8304 25.2372 25.8884
April 26.7747 25.3985 25.8414
May 26.1492 24.7153 25.6746
June 26.3589 23.4977 25.7989
July 27.0897 23.5902 26.0122
August 26.3110 22.4511 23.2280
September 23.3972 22.9666 23.1437
October 23.3567 23.0424 23.1340
November 23.3573 22.9793 23.1367
December 23.2203 22.9476 23.1298