2017 FKP to NGN Historical Review

YEARLY HIGH

489.5053 NGN

YEARLY LOW

369.3978 NGN

YEARLY AVERAGE

430.5372 NGN

2017 FKP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the FKP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 15, valuing the pair at 489.5053. Conversely, the yearly low was recorded on January 9, dropping to 369.3978.

This high-to-low spread represents a total annual volatility of 120.1074 NGN. From a start-to-finish perspective, comparing the January average rate of 386.6176 to the December average rate of 482.2898, the exchange rate registered a net change of 24.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 489.5053 was up 7.10% compared to the 2016 peak of 457.0648, 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 2,447,526 NGN

2016 Average 1,723,953 NGN

Yearly Trough Low 1,846,989 NGN

Transaction Impact: A difference of 600,537.24 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

491.8570

377.0504

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 397.0934, compared to 463.9810 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 66.8876 points.

H1 Avg (Jan–Jun) 397.0934

H2 Avg (Jul–Dec) 463.9810

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 67.1268 NGN (High: 481.2253 / Low: 414.0985). On the other end, December was the most stable month, with a tight range of 6.6320 NGN (High: 485.8539 / Low: 479.2219).

August Spread (Volatile) ±67.1268

December Spread (Stable) ±6.6320

Growth Streaks & Declines

Trends

Between June and September, 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 February and March, when the average rate fell by 6.0105 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -6.0105

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 477.6796) against the same month in 2016 (average: 411.4847), the exchange rate shifted by +66.1949 (+16.09%).

2017 Avg (September) 477.6796

2016 Avg (September) 411.4847

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	398.5552	369.3978	386.6176
February	397.6290	387.2241	393.3597
March	395.7595	378.8860	387.3492
April	409.3995	380.8189	398.2236
May	421.7849	404.2761	409.6253
June	453.5467	399.0627	407.3852
July	456.7162	399.1633	411.9168
August	481.2253	414.0985	462.4815
September	489.5053	463.3493	477.6796
October	480.6969	469.3711	474.1786
November	484.9014	468.9845	475.3397
December	485.8539	479.2219	482.2898