YEARLY HIGH
265.7939 NGN
YEARLY LOW
235.3109 NGN
YEARLY AVERAGE
249.1632 NGN

2013 FKP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the FKP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 265.7939. Conversely, the yearly low was recorded on March 11, dropping to 235.3109.

This high-to-low spread represents a total annual volatility of 30.4830 NGN. From a start-to-finish perspective, comparing the January average rate of 250.5064 to the December average rate of 260.6254, the exchange rate registered a net change of 4.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 265.7939 was up 3.33% compared to the 2012 peak of 257.2335, 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 1,328,969 NGN
2012 Average 1,258,063 NGN
Yearly Trough Low 1,176,554 NGN
Transaction Impact: A difference of 152,414.88 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

262.7933
236.7780
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 244.2163, compared to 254.1102 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.8940 points.

H1 Avg (Jan–Jun) 244.2163
H2 Avg (Jul–Dec) 254.1102

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 13.8220 NGN (High: 254.2280 / Low: 240.4061). On the other end, March was the most stable month, with a tight range of 6.1213 NGN (High: 241.4322 / Low: 235.3109).

June Spread (Volatile) ±13.8220
March Spread (Stable) ±6.1213

Growth Streaks & Declines

Trends

Between July and October, 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 January and February, when the average rate fell by 6.5637 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -6.5637

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 260.6254) against the same month in 2012 (average: 253.5948), the exchange rate shifted by +7.0306 (+2.77%).

2013 Avg (December) 260.6254
2012 Avg (December) 253.5948

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 254.9499 246.7154 250.5064
February 248.9754 238.0964 243.9427
March 241.4322 235.3109 238.9459
April 246.0182 239.3176 242.3254
May 246.4136 238.5084 241.7352
June 254.2280 240.4061 247.8419
July 247.3212 240.1048 244.4745
August 253.0697 242.3811 249.4831
September 259.7566 252.2929 256.9780
October 261.1529 254.9021 257.2853
November 259.2604 252.5707 255.8152
December 265.7939 258.2465 260.6254