YEARLY HIGH
28.4881 LAK
YEARLY LOW
23.4247 LAK
YEARLY AVERAGE
24.1909 LAK

2019 NGN to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 26, valuing the pair at 28.4881. Conversely, the yearly low was recorded on January 12, dropping to 23.4247.

This high-to-low spread represents a total annual volatility of 5.0634 LAK. From a start-to-finish perspective, comparing the January average rate of 23.5427 to the December average rate of 24.4730, the exchange rate registered a net change of 3.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 28.4881 was up 20.17% compared to the 2018 peak of 23.7071, 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 28,488,077 LAK
2018 Average 23,300,375 LAK
Yearly Trough Low 23,424,658 LAK
Transaction Impact: A difference of 5,063,419.16 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

25.2250
23.3898
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 24.0318, compared to 24.3501 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3183 points.

H1 Avg (Jan–Jun) 24.0318
H2 Avg (Jul–Dec) 24.3501

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 4.7912 LAK (High: 28.4881 / Low: 23.6969). On the other end, November was the most stable month, with a tight range of 0.1001 LAK (High: 24.5090 / Low: 24.4089).

August Spread (Volatile) ±4.7912
November Spread (Stable) ±0.1001

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.9302 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.9302

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 24.3021) against the same month in 2018 (average: 23.5166), the exchange rate shifted by +0.7856 (+3.34%).

2019 Avg (August) 24.3021
2018 Avg (August) 23.5166

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23.6754 23.4247 23.5427
February 23.7673 23.6489 23.7239
March 23.9276 23.7189 23.8367
April 24.1699 23.8627 23.9811
May 24.1985 23.9320 24.0343
June 28.4073 24.0014 25.0721
July 24.2363 24.0638 24.1419
August 28.4881 23.6969 24.3021
September 24.4598 24.1092 24.3385
October 24.4666 24.3026 24.3981
November 24.5090 24.4089 24.4468
December 24.5367 24.4243 24.4730