YEARLY HIGH
9.4589 CNY
YEARLY LOW
8.3638 CNY
YEARLY AVERAGE
8.8210 CNY

2019 FKP to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the FKP to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 9.4589. Conversely, the yearly low was recorded on August 1, dropping to 8.3638.

This high-to-low spread represents a total annual volatility of 1.0951 CNY. From a start-to-finish perspective, comparing the January average rate of 8.7637 to the December average rate of 9.1928, the exchange rate registered a net change of 4.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 9.4589 was up 3.45% compared to the 2018 peak of 9.1435, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 FKP based on timing:

Yearly Peak High 47,295 CNY
2018 Average 44,109 CNY
Yearly Trough Low 41,819 CNY
Transaction Impact: A difference of 5,475.46 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

9.2541
8.5190
JanuMarcMayJulySeptNove

FKP to CNY 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 8.7793, compared to 8.8627 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0834 points.

H1 Avg (Jan–Jun) 8.7793
H2 Avg (Jul–Dec) 8.8627

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 0.4826 CNY (High: 9.1927 / Low: 8.7101). On the other end, June was the most stable month, with a tight range of 0.1261 CNY (High: 8.8010 / Low: 8.6749).

October Spread (Volatile) ±0.4826
June Spread (Stable) ±0.1261

Growth Streaks & Declines

Trends

Between July and December, 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 0.1656 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1656

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 9.1928) against the same month in 2018 (average: 8.7318), the exchange rate shifted by +0.4611 (+5.28%).

2019 Avg (December) 9.1928
2018 Avg (December) 8.7318

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8.9120 8.5886 8.7637
February 8.9057 8.6670 8.7685
March 8.9347 8.7280 8.8424
April 8.8431 8.6735 8.7458
May 8.9165 8.7008 8.8094
June 8.8010 8.6749 8.7459
July 8.6638 8.3660 8.5803
August 8.7959 8.3638 8.5807
September 8.8872 8.6530 8.7919
October 9.1927 8.7101 8.9852
November 9.1077 8.9371 9.0453
December 9.4589 9.0634 9.1928