YEARLY HIGH
247.0331 NGN
YEARLY LOW
217.6464 NGN
YEARLY AVERAGE
233.5750 NGN

2010 FKP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the FKP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 247.0331. Conversely, the yearly low was recorded on May 25, dropping to 217.6464.

This high-to-low spread represents a total annual volatility of 29.3867 NGN. From a start-to-finish perspective, comparing the January average rate of 243.0112 to the December average rate of 238.0755, the exchange rate registered a net change of -2.03% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 1,235,165 NGN
Yearly Average 1,167,875 NGN
Yearly Trough Low 1,088,232 NGN
Transaction Impact: A difference of 146,933.25 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

245.0763
220.2948
JanuMarcMayJulySeptNove

FKP to NGN 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 230.0917, compared to 237.0583 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.9666 points.

H1 Avg (Jan–Jun) 230.0917
H2 Avg (Jul–Dec) 237.0583

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 13.7712 NGN (High: 231.4176 / Low: 217.6464). On the other end, April was the most stable month, with a tight range of 4.5872 NGN (High: 232.4542 / Low: 227.8670).

May Spread (Volatile) ±13.7712
April Spread (Stable) ±4.5872

Growth Streaks & Declines

Trends

Between May and October, 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 February and March, when the average rate fell by 9.7221 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -9.7221

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 243.0112.

2010 Avg (January) 243.0112
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 247.0331 238.6028 243.0112
February 241.5572 228.9780 235.6518
March 230.4897 222.5543 225.9297
April 232.4542 227.8670 230.7174
May 231.4176 217.6464 222.3600
June 227.6139 218.3267 222.8802
July 234.8993 225.7568 229.5927
August 239.4848 232.6369 235.7417
September 245.2235 231.7012 237.1451
October 244.3644 237.5940 241.3027
November 244.7379 234.4489 240.4922
December 240.8326 235.1351 238.0755