YEARLY HIGH
2.4171 AWG
YEARLY LOW
2.2261 AWG
YEARLY AVERAGE
2.3017 AWG

2024 FKP to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to AWG exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 2.4171. Conversely, the yearly low was recorded on April 22, dropping to 2.2261.

This high-to-low spread represents a total annual volatility of 0.1910 AWG. From a start-to-finish perspective, comparing the January average rate of 2.2892 to the December average rate of 2.2745, the exchange rate registered a net change of -0.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.4171 was up 2.14% compared to the 2023 peak of 2.3664, 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 12,085 AWG
2023 Average 11,200 AWG
Yearly Trough Low 11,130 AWG
Transaction Impact: A difference of 955.16 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3940
2.2400
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 2.2785, compared to 2.3249 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0464 points.

H1 Avg (Jan–Jun) 2.2785
H2 Avg (Jul–Dec) 2.3249

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1031 AWG (High: 2.3859 / Low: 2.2828). On the other end, January was the most stable month, with a tight range of 0.0250 AWG (High: 2.3003 / Low: 2.2753).

August Spread (Volatile) ±0.1031
January Spread (Stable) ±0.0250

Growth Streaks & Declines

Trends

Between April and September, 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 October and November, when the average rate fell by 0.0537 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0537

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.3811) against the same month in 2023 (average: 2.2304), the exchange rate shifted by +0.1507 (+6.76%).

2024 Avg (September) 2.3811
2023 Avg (September) 2.2304

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3003 2.2753 2.2892
February 2.2943 2.2561 2.2749
March 2.3177 2.2707 2.2893
April 2.2819 2.2261 2.2528
May 2.3020 2.2488 2.2762
June 2.3090 2.2718 2.2887
July 2.3449 2.2793 2.3178
August 2.3859 2.2828 2.3314
September 2.4171 2.3501 2.3811
October 2.3906 2.3216 2.3492
November 2.3402 2.2571 2.2956
December 2.3017 2.2495 2.2745