YEARLY HIGH
315.9179 NGN
YEARLY LOW
271.3728 NGN
YEARLY AVERAGE
302.4964 NGN

2015 FKP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the FKP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 18, valuing the pair at 315.9179. Conversely, the yearly low was recorded on January 8, dropping to 271.3728.

This high-to-low spread represents a total annual volatility of 44.5451 NGN. From a start-to-finish perspective, comparing the January average rate of 281.9491 to the December average rate of 298.2066, the exchange rate registered a net change of 5.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 315.9179 was up 9.35% compared to the 2014 peak of 288.9163, 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 1,579,589 NGN
2014 Average 1,359,289 NGN
Yearly Trough Low 1,356,864 NGN
Transaction Impact: A difference of 222,725.26 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

312.9155
279.1340
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 299.9492, compared to 305.0436 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.0944 points.

H1 Avg (Jan–Jun) 299.9492
H2 Avg (Jul–Dec) 305.0436

Volatility Range Comparison

Volatility

The most volatile month in 2015 was February, with a trading range of 29.6208 NGN (High: 314.7771 / Low: 285.1563). On the other end, July was the most stable month, with a tight range of 5.2650 NGN (High: 311.0245 / Low: 305.7595).

February Spread (Volatile) ±29.6208
July Spread (Stable) ±5.2650

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 5.4210 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -5.4210

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2015: 310.1004) against the same month in 2014 (average: 275.9241), the exchange rate shifted by +34.1763 (+12.39%).

2015 Avg (June) 310.1004
2014 Avg (June) 275.9241

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 291.3273 271.3728 281.9491
February 314.7771 285.1563 304.0937
March 312.4866 294.0979 298.6726
April 307.0132 291.4213 297.4877
May 313.6072 300.4038 307.3918
June 315.9179 302.2470 310.1004
July 311.0245 305.7595 309.5012
August 313.5185 305.6305 309.9721
September 310.1344 301.1202 305.1664
October 308.1084 301.1706 305.2742
November 307.5429 299.0551 302.1413
December 302.6387 293.6299 298.2066