2018 FKP to NGN Historical Review

YEARLY HIGH

516.2667 NGN

YEARLY LOW

454.6690 NGN

YEARLY AVERAGE

482.4305 NGN

2018 FKP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the FKP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 516.2667. Conversely, the yearly low was recorded on December 11, dropping to 454.6690.

This high-to-low spread represents a total annual volatility of 61.5977 NGN. From a start-to-finish perspective, comparing the January average rate of 497.7012 to the December average rate of 461.1609, the exchange rate registered a net change of -7.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 516.2667 was up 5.47% compared to the 2017 peak of 489.5053, 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 2,581,334 NGN

2017 Average 2,153,714 NGN

Yearly Trough Low 2,273,345 NGN

Transaction Impact: A difference of 307,988.46 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

510.4425

456.6808

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 495.7104, compared to 469.1506 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 26.5598 points.

H1 Avg (Jan–Jun) 495.7104

H2 Avg (Jul–Dec) 469.1506

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 28.2758 NGN (High: 512.6382 / Low: 484.3624). On the other end, July was the most stable month, with a tight range of 8.3214 NGN (High: 479.2481 / Low: 470.9267).

January Spread (Volatile) ±28.2758

July Spread (Stable) ±8.3214

Growth Streaks & Declines

Trends

Between August and October, 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 April and May, when the average rate fell by 21.0036 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -21.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 505.9623) against the same month in 2017 (average: 398.2236), the exchange rate shifted by +107.7387 (+27.05%).

2018 Avg (April) 505.9623

2017 Avg (April) 398.2236

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	512.6382	484.3624	497.7012
February	513.6212	496.5435	503.5834
March	512.1995	496.5181	503.1290
April	516.2667	495.3789	505.9623
May	490.7478	476.9669	484.9587
June	484.2388	470.5888	478.9280
July	479.2481	470.9267	475.1358
August	474.0598	458.0337	464.5990
September	481.6095	462.4655	472.1789
October	481.2033	461.9181	472.9617
November	476.5587	463.8003	468.8671
December	466.4052	454.6690	461.1609