YEARLY HIGH
29964.1471 STD
YEARLY LOW
26909.7365 STD
YEARLY AVERAGE
28096.3135 STD

2023 FKP to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FKP to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 29964.1471. Conversely, the yearly low was recorded on October 3, dropping to 26909.7365.

This high-to-low spread represents a total annual volatility of 3054.4106 STD. From a start-to-finish perspective, comparing the January average rate of 27946.2087 to the December average rate of 28222.5792, the exchange rate registered a net change of 0.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 29964.1471 was up 2.61% compared to the 2022 peak of 29201.9261, 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 149,820,736 STD
2022 Average 136,905,541 STD
Yearly Trough Low 134,548,682 STD
Transaction Impact: A difference of 15,272,053.21 STD purely based on transaction execution date.

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29524.0828
26899.2878
JanuMarcMayJulySeptNove

FKP to STD 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 28152.8346, compared to 28039.7924 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 113.0421 points.

H1 Avg (Jan–Jun) 28152.8346
H2 Avg (Jul–Dec) 28039.7924

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 1372.7010 STD (High: 29964.1471 / Low: 28591.4461). On the other end, August was the most stable month, with a tight range of 484.0745 STD (High: 28510.1210 / Low: 28026.0465).

July Spread (Volatile) Âą1372.7010
August Spread (Stable) Âą484.0745

Growth Streaks & Declines

Trends

Between February and July, 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 July and August, when the average rate fell by 1005.0115 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1005.0115

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 29305.3499) against the same month in 2022 (average: 26758.1560), the exchange rate shifted by +2547.1938 (+9.52%).

2023 Avg (July) 29305.3499
2022 Avg (July) 26758.1560

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Month High Low Average
January 28335.2893 27181.0601 27946.2087
February 28273.5821 27256.3988 27535.5746
March 28270.8154 26994.0599 27706.2214
April 28700.0358 28042.0908 28406.6411
May 28847.2356 28111.6170 28477.8068
June 29287.7351 28368.6767 28844.5549
July 29964.1471 28591.4461 29305.3499
August 28510.1210 28026.0465 28300.3384
September 28125.7731 27039.5427 27601.4355
October 27440.8094 26909.7365 27118.0207
November 28326.9747 27141.9453 27691.0311
December 28519.7914 27959.1939 28222.5792