YEARLY HIGH
23.5793 NAD
YEARLY LOW
18.3258 NAD
YEARLY AVERAGE
21.1191 NAD

2020 FKP to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the FKP to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 23, valuing the pair at 23.5793. Conversely, the yearly low was recorded on January 4, dropping to 18.3258.

This high-to-low spread represents a total annual volatility of 5.2535 NAD. From a start-to-finish perspective, comparing the January average rate of 18.7725 to the December average rate of 20.0043, the exchange rate registered a net change of 6.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 23.5793 was down 49.79% compared to the 2019 peak of 46.9646, 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 117,896 NAD
2019 Average 92,598 NAD
Yearly Trough Low 91,629 NAD
Transaction Impact: A difference of 26,267.40 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

23.4571
18.3467
JanuMarcMayJulySeptNove

FKP to NAD 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 20.9251, compared to 21.3131 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3880 points.

H1 Avg (Jan–Jun) 20.9251
H2 Avg (Jul–Dec) 21.3131

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2.9461 NAD (High: 22.2030 / Low: 19.2568). On the other end, February was the most stable month, with a tight range of 0.5674 NAD (High: 19.7642 / Low: 19.1968).

March Spread (Volatile) ±2.9461
February Spread (Stable) ±0.5674

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 1.0263 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.0263

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 23.0313) against the same month in 2019 (average: 18.4506), the exchange rate shifted by +4.5806 (+24.83%).

2020 Avg (April) 23.0313
2019 Avg (April) 18.4506

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.5164 18.3258 18.7725
February 19.7642 19.1968 19.4168
March 22.2030 19.2568 20.5510
April 23.5793 22.2366 23.0313
May 23.2840 21.3255 22.3585
June 21.8527 20.9343 21.4204
July 21.7191 20.9227 21.2112
August 23.1854 21.6694 22.7856
September 23.2488 20.9893 21.7593
October 23.4911 20.9907 21.5723
November 21.1619 20.2131 20.5462
December 20.6092 19.4922 20.0043