YEARLY HIGH
41.6798 LAK
YEARLY LOW
27.0918 LAK
YEARLY AVERAGE
33.5821 LAK

2022 NGN to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 41.6798. Conversely, the yearly low was recorded on January 8, dropping to 27.0918.

This high-to-low spread represents a total annual volatility of 14.5881 LAK. From a start-to-finish perspective, comparing the January average rate of 27.2614 to the December average rate of 38.9025, the exchange rate registered a net change of 42.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 41.6798 was up 44.31% compared to the 2021 peak of 28.8819, 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 41,679,845 LAK
2021 Average 24,167,765 LAK
Yearly Trough Low 27,091,752 LAK
Transaction Impact: A difference of 14,588,092.30 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

40.0666
26.0973
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 29.5373, compared to 37.6270 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.0897 points.

H1 Avg (Jan–Jun) 29.5373
H2 Avg (Jul–Dec) 37.6270

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 4.1910 LAK (High: 36.3951 / Low: 32.2041). On the other end, February was the most stable month, with a tight range of 0.2953 LAK (High: 27.5376 / Low: 27.2423).

June Spread (Volatile) ±4.1910
February Spread (Stable) ±0.2953

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 38.8614) against the same month in 2021 (average: 25.8359), the exchange rate shifted by +13.0255 (+50.42%).

2022 Avg (November) 38.8614
2021 Avg (November) 25.8359

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 27.4980 27.0918 27.2614
February 27.5376 27.2423 27.3903
March 28.2432 27.4661 27.7299
April 28.9873 28.2524 28.6654
May 32.3592 29.8307 31.2115
June 36.3951 32.2041 34.9652
July 36.3223 35.3105 35.8699
August 36.6966 35.7628 36.2516
September 38.3401 36.2456 37.1193
October 39.4264 38.1243 38.7574
November 41.6798 38.2056 38.8614
December 39.0822 38.6028 38.9025