2019 FKP to NGN Historical Review

YEARLY HIGH

487.7247 NGN

YEARLY LOW

374.5403 NGN

YEARLY AVERAGE

459.9178 NGN

2019 FKP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the FKP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 487.7247. Conversely, the yearly low was recorded on August 26, dropping to 374.5403.

This high-to-low spread represents a total annual volatility of 113.1844 NGN. From a start-to-finish perspective, comparing the January average rate of 468.9289 to the December average rate of 475.4489, the exchange rate registered a net change of 1.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 487.7247 was down 5.53% compared to the 2018 peak of 516.2667, 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 2,438,624 NGN

2018 Average 2,411,335 NGN

Yearly Trough Low 1,872,702 NGN

Transaction Impact: A difference of 565,921.98 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

479.3677

432.3426

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 464.3787, compared to 455.4569 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.9217 points.

H1 Avg (Jan–Jun) 464.3787

H2 Avg (Jul–Dec) 455.4569

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 70.2168 NGN (High: 459.0392 / Low: 388.8224). On the other end, November was the most stable month, with a tight range of 6.7423 NGN (High: 469.1973 / Low: 462.4549).

June Spread (Volatile) ±70.2168

November Spread (Stable) ±6.7423

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 22.3511 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -22.3511

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 475.4489) against the same month in 2018 (average: 461.1609), the exchange rate shifted by +14.2880 (+3.10%).

2019 Avg (December) 475.4489

2018 Avg (December) 461.1609

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	477.8000	456.2084	468.9289
February	481.8560	462.5659	470.2224
March	479.7711	467.2046	474.2980
April	474.3433	463.2593	468.9237
May	474.2277	453.8275	463.1250
June	459.0392	388.8224	440.7739
July	458.0371	437.6772	449.5438
August	444.7459	374.5403	436.2613
September	452.2870	437.5130	446.7518
October	469.2605	441.9118	458.1150
November	469.1973	462.4549	466.6208
December	487.7247	467.7096	475.4489