2023 FKP to AWG Historical Review

YEARLY HIGH

2.3664 AWG

YEARLY LOW

2.1289 AWG

YEARLY AVERAGE

2.2396 AWG

2023 FKP to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FKP to AWG exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 2.3664. Conversely, the yearly low was recorded on March 7, dropping to 2.1289.

This high-to-low spread represents a total annual volatility of 0.2375 AWG. From a start-to-finish perspective, comparing the January average rate of 2.2054 to the December average rate of 2.2813, the exchange rate registered a net change of 3.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.3664 was down 4.16% compared to the 2022 peak of 2.4691, 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 11,832 AWG

2022 Average 11,132 AWG

Yearly Trough Low 10,644 AWG

Transaction Impact: A difference of 1,187.58 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.3354

2.1579

JanuMarcMayJulySeptNove

FKP to AWG 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 2.2217, compared to 2.2575 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0358 points.

H1 Avg (Jan–Jun) 2.2217

H2 Avg (Jul–Dec) 2.2575

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.1038 AWG (High: 2.2327 / Low: 2.1289). On the other end, August was the most stable month, with a tight range of 0.0399 AWG (High: 2.3040 / Low: 2.2640).

March Spread (Volatile) ±0.1038

August Spread (Stable) ±0.0399

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 0.0573 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0573

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 2.3206) against the same month in 2022 (average: 2.1563), the exchange rate shifted by +0.1643 (+7.62%).

2023 Avg (July) 2.3206

2022 Avg (July) 2.1563

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2370	2.1466	2.2054
February	2.2298	2.1496	2.1727
March	2.2327	2.1289	2.1861
April	2.2634	2.2115	2.2419
May	2.2782	2.2170	2.2475
June	2.3098	2.2378	2.2765
July	2.3664	2.2868	2.3206
August	2.3040	2.2640	2.2877
September	2.2721	2.1843	2.2304
October	2.2198	2.1762	2.1919
November	2.2883	2.1957	2.2331
December	2.3071	2.2586	2.2813