YEARLY HIGH
0.0498 LSL
YEARLY LOW
0.0368 LSL
YEARLY AVERAGE
0.0401 LSL

2019 NGN to LSL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to LSL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 26, valuing the pair at 0.0498. Conversely, the yearly low was recorded on January 31, dropping to 0.0368.

This high-to-low spread represents a total annual volatility of 0.0131 LSL. From a start-to-finish perspective, comparing the January average rate of 0.0382 to the December average rate of 0.0398, the exchange rate registered a net change of 4.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0498 was up 15.89% compared to the 2018 peak of 0.0430, 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 49,844 LSL
2018 Average 36,617 LSL
Yearly Trough Low 36,753 LSL
Transaction Impact: A difference of 13,091.24 LSL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0426
0.0377
JanuMarcMayJulySeptNove

NGN to LSL 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 0.0396, compared to 0.0407 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0396
H2 Avg (Jul–Dec) 0.0407

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0104 LSL (High: 0.0498 / Low: 0.0395). On the other end, July was the most stable month, with a tight range of 0.0011 LSL (High: 0.0395 / Low: 0.0384).

August Spread (Volatile) ±0.0104
July Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between April and June, 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 June and July, when the average rate fell by 0.0032 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.0422) against the same month in 2018 (average: 0.0385), the exchange rate shifted by +0.0037 (+9.64%).

2019 Avg (August) 0.0422
2018 Avg (August) 0.0385

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0397 0.0368 0.0382
February 0.0390 0.0368 0.0381
March 0.0407 0.0387 0.0399
April 0.0401 0.0387 0.0393
May 0.0407 0.0394 0.0400
June 0.0490 0.0392 0.0422
July 0.0395 0.0384 0.0390
August 0.0498 0.0395 0.0422
September 0.0421 0.0404 0.0411
October 0.0422 0.0401 0.0412
November 0.0418 0.0404 0.0408
December 0.0408 0.0386 0.0398