2021 FKP to NGN Historical Review

YEARLY HIGH

586.0828 NGN

YEARLY LOW

517.8236 NGN

YEARLY AVERAGE

554.7933 NGN

2021 FKP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FKP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 586.0828. Conversely, the yearly low was recorded on January 15, dropping to 517.8236.

This high-to-low spread represents a total annual volatility of 68.2592 NGN. From a start-to-finish perspective, comparing the January average rate of 529.0991 to the December average rate of 547.2952, the exchange rate registered a net change of 3.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 586.0828 was up 9.28% compared to the 2020 peak of 536.2960, 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 2,930,414 NGN

2020 Average 2,440,536 NGN

Yearly Trough Low 2,589,118 NGN

Transaction Impact: A difference of 341,295.89 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

581.1192

524.3700

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 548.9817, compared to 560.6049 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.6232 points.

H1 Avg (Jan–Jun) 548.9817

H2 Avg (Jul–Dec) 560.6049

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 58.9138 NGN (High: 577.9551 / Low: 519.0413). On the other end, October was the most stable month, with a tight range of 11.5789 NGN (High: 567.9667 / Low: 556.3878).

February Spread (Volatile) ±58.9138

October Spread (Stable) ±11.5789

Growth Streaks & Declines

Trends

Between March and June, 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 October and November, when the average rate fell by 10.0376 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -10.0376

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 569.1074) against the same month in 2020 (average: 478.5143), the exchange rate shifted by +90.5931 (+18.93%).

2021 Avg (May) 569.1074

2020 Avg (May) 478.5143

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	542.4222	517.8236	529.0991
February	577.9551	519.0413	541.0140
March	568.5064	522.4560	537.7114
April	571.7823	522.2175	540.5683
May	586.0828	529.0240	569.1074
June	584.8073	565.8599	576.3901
July	574.7062	560.7043	568.0870
August	573.1639	559.7841	567.7192
September	570.5721	552.6816	565.5565
October	567.9667	556.3878	562.5047
November	562.9941	544.9491	552.4671
December	557.4304	542.5589	547.2952

૨૦૨૫ FKP થી NGN ઐતિહાસિક સમીક્ષા