YEARLY HIGH
2.3656 ANG
YEARLY LOW
2.1310 ANG
YEARLY AVERAGE
2.2405 ANG

2023 FKP to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FKP to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 2.3656. Conversely, the yearly low was recorded on March 7, dropping to 2.1310.

This high-to-low spread represents a total annual volatility of 0.2346 ANG. From a start-to-finish perspective, comparing the January average rate of 2.2067 to the December average rate of 2.2851, the exchange rate registered a net change of 3.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.3656 was down 4.33% compared to the 2022 peak of 2.4726, 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 11,828 ANG
2022 Average 11,145 ANG
Yearly Trough Low 10,655 ANG
Transaction Impact: A difference of 1,172.82 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.3329
2.1601
JanuMarcMayJulySeptNove

FKP to ANG 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 2.2220, compared to 2.2590 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0370 points.

H1 Avg (Jan–Jun) 2.2220
H2 Avg (Jul–Dec) 2.2590

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.1016 ANG (High: 2.2327 / Low: 2.1310). On the other end, August was the most stable month, with a tight range of 0.0409 ANG (High: 2.3069 / Low: 2.2661).

March Spread (Volatile) ±0.1016
August Spread (Stable) ±0.0409

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 August and September, when the average rate fell by 0.0570 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0570

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 2.3185) against the same month in 2022 (average: 2.1640), the exchange rate shifted by +0.1545 (+7.14%).

2023 Avg (July) 2.3185
2022 Avg (July) 2.1640

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2399 2.1474 2.2067
February 2.2324 2.1518 2.1745
March 2.2327 2.1310 2.1846
April 2.2661 2.2094 2.2408
May 2.2851 2.2191 2.2481
June 2.3134 2.2366 2.2773
July 2.3656 2.2733 2.3185
August 2.3069 2.2661 2.2890
September 2.2769 2.1890 2.2320
October 2.2198 2.1771 2.1920
November 2.2897 2.1931 2.2374
December 2.3068 2.2618 2.2851