2010 FKP to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2010.
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).
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2010.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 243.0112.
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 |