2022 NGN to LSL Historical Review

YEARLY HIGH

0.0421 LSL

YEARLY LOW

0.0349 LSL

YEARLY AVERAGE

0.0386 LSL

2022 NGN to LSL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to LSL exchange rate experienced significant fluctuation. The market reached its absolute peak on October 20, valuing the pair at 0.0421. Conversely, the yearly low was recorded on March 30, dropping to 0.0349.

This high-to-low spread represents a total annual volatility of 0.0072 LSL. From a start-to-finish perspective, comparing the January average rate of 0.0374 to the December average rate of 0.0388, the exchange rate registered a net change of 3.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0421 was up 3.09% compared to the 2021 peak of 0.0408, 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 42,072 LSL

2021 Average 36,678 LSL

Yearly Trough Low 34,913 LSL

Transaction Impact: A difference of 7,159.85 LSL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0421

0.0355

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 0.0371, compared to 0.0401 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.0371

H2 Avg (Jul–Dec) 0.0401

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0037 LSL (High: 0.0419 / Low: 0.0382). On the other end, October was the most stable month, with a tight range of 0.0011 LSL (High: 0.0421 / Low: 0.0410).

November Spread (Volatile) ±0.0037

October Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between August and October, 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 October and November, when the average rate fell by 0.0019 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.0416) against the same month in 2021 (average: 0.0362), the exchange rate shifted by +0.0054 (+14.85%).

2022 Avg (October) 0.0416

2021 Avg (October) 0.0362

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0388	0.0364	0.0374
February	0.0373	0.0360	0.0366
March	0.0372	0.0349	0.0361
April	0.0385	0.0351	0.0361
May	0.0390	0.0373	0.0383
June	0.0392	0.0369	0.0380
July	0.0414	0.0379	0.0399
August	0.0406	0.0386	0.0397
September	0.0418	0.0398	0.0409
October	0.0421	0.0410	0.0416
November	0.0419	0.0382	0.0397
December	0.0396	0.0380	0.0388