2014 FKP to NGN Historical Review

YEARLY HIGH

288.9163 NGN

YEARLY LOW

260.6171 NGN

YEARLY AVERAGE

271.8452 NGN

2014 FKP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the FKP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 288.9163. Conversely, the yearly low was recorded on January 4, dropping to 260.6171.

This high-to-low spread represents a total annual volatility of 28.2992 NGN. From a start-to-finish perspective, comparing the January average rate of 263.6372 to the December average rate of 284.4889, the exchange rate registered a net change of 7.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 288.9163 was up 8.70% compared to the 2013 peak of 265.7939, 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 1,444,582 NGN

2013 Average 1,245,944 NGN

Yearly Trough Low 1,303,086 NGN

Transaction Impact: A difference of 141,496.11 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

286.5740

261.5520

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 271.4640, compared to 272.2265 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7624 points.

H1 Avg (Jan–Jun) 271.4640

H2 Avg (Jul–Dec) 272.2265

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 15.8681 NGN (High: 279.3395 / Low: 263.4714). On the other end, March was the most stable month, with a tight range of 4.5930 NGN (High: 276.4525 / Low: 271.8595).

November Spread (Volatile) ±15.8681

March Spread (Stable) ±4.5930

Growth Streaks & Declines

Trends

Between April and July, 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 July and August, when the average rate fell by 6.4404 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -6.4404

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 284.4889) against the same month in 2013 (average: 260.6254), the exchange rate shifted by +23.8635 (+9.16%).

2014 Avg (December) 284.4889

2013 Avg (December) 260.6254

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	269.4522	260.6171	263.6372
February	277.0491	265.1667	271.4148
March	276.4525	271.8595	273.9189
April	274.2618	269.1293	271.5452
May	274.5094	268.0442	272.3440
June	278.6039	271.8862	275.9241
July	279.6981	273.3885	276.9889
August	273.1118	267.9294	270.5484
September	270.0058	261.1389	265.8893
October	267.1697	261.1052	264.6933
November	279.3395	263.4714	270.7500
December	288.9163	280.8039	284.4889