2016 FKP to NGN Historical Review

YEARLY HIGH

457.0648 NGN

YEARLY LOW

275.9126 NGN

YEARLY AVERAGE

344.5345 NGN

2016 FKP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the FKP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 457.0648. Conversely, the yearly low was recorded on February 27, dropping to 275.9126.

This high-to-low spread represents a total annual volatility of 181.1522 NGN. From a start-to-finish perspective, comparing the January average rate of 286.7760 to the December average rate of 392.8431, the exchange rate registered a net change of 36.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 457.0648 was up 44.68% compared to the 2015 peak of 315.9179, 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 2,285,324 NGN

2015 Average 1,512,349 NGN

Yearly Trough Low 1,379,563 NGN

Transaction Impact: A difference of 905,761.16 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

435.8784

269.9770

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 291.0019, compared to 398.0671 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 107.0652 points.

H1 Avg (Jan–Jun) 291.0019

H2 Avg (Jul–Dec) 398.0671

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 142.1461 NGN (High: 422.9288 / Low: 280.7827). On the other end, May was the most stable month, with a tight range of 6.7381 NGN (High: 292.5734 / Low: 285.8353).

June Spread (Volatile) ±142.1461

May Spread (Stable) ±6.7381

Growth Streaks & Declines

Trends

Between March and August, 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 September and October, when the average rate fell by 24.9812 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -24.9812

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 422.0533) against the same month in 2015 (average: 309.9721), the exchange rate shifted by +112.0812 (+36.16%).

2016 Avg (August) 422.0533

2015 Avg (August) 309.9721

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	294.0777	281.5782	286.7760
February	290.2495	275.9126	284.7180
March	288.2100	278.1547	283.8021
April	290.8700	279.8111	284.7004
May	292.5734	285.8353	288.8166
June	422.9288	280.7827	317.1984
July	423.3217	363.9259	384.8554
August	457.0648	407.4556	422.0533
September	418.7052	404.7725	411.4847
October	406.2370	380.4582	386.5035
November	395.4086	381.3495	390.6628
December	401.6266	377.2640	392.8431