YEARLY HIGH
258.4509 NGN
YEARLY LOW
235.8427 NGN
YEARLY AVERAGE
249.9738 NGN

2011 FKP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the FKP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 27, valuing the pair at 258.4509. Conversely, the yearly low was recorded on January 3, dropping to 235.8427.

This high-to-low spread represents a total annual volatility of 22.6082 NGN. From a start-to-finish perspective, comparing the January average rate of 240.6493 to the December average rate of 253.4537, the exchange rate registered a net change of 5.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 258.4509 was up 4.62% compared to the 2010 peak of 247.0331, 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 1,292,254 NGN
2010 Average 1,167,832 NGN
Yearly Trough Low 1,179,213 NGN
Transaction Impact: A difference of 113,040.77 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

256.7211
239.1882
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 249.7913, compared to 250.1563 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3650 points.

H1 Avg (Jan–Jun) 249.7913
H2 Avg (Jul–Dec) 250.1563

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 14.8395 NGN (High: 257.2415 / Low: 242.4020). On the other end, May was the most stable month, with a tight range of 6.1078 NGN (High: 258.4509 / Low: 252.3430).

August Spread (Volatile) ±14.8395
May Spread (Stable) ±6.1078

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 6.6174 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -6.6174

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 255.2600) against the same month in 2010 (average: 222.3600), the exchange rate shifted by +32.9000 (+14.80%).

2011 Avg (May) 255.2600
2010 Avg (May) 222.3600

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 244.0957 235.8427 240.6493
February 250.1968 244.0876 246.5948
March 254.1898 248.0598 250.5080
April 258.0452 248.3627 253.2267
May 258.4509 252.3430 255.2600
June 256.5752 244.0622 252.5089
July 250.2370 241.1653 245.8915
August 257.2415 242.4020 251.3142
September 251.2003 242.1575 246.9604
October 258.1297 244.8179 252.2975
November 254.1809 246.2653 251.0204
December 257.7755 251.1563 253.4537