2023 FKP to BZD Historical Review

YEARLY HIGH

2.6457 BZD

YEARLY LOW

2.3835 BZD

YEARLY AVERAGE

2.5056 BZD

2023 FKP to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FKP to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 2.6457. Conversely, the yearly low was recorded on March 7, dropping to 2.3835.

This high-to-low spread represents a total annual volatility of 0.2623 BZD. From a start-to-finish perspective, comparing the January average rate of 2.4681 to the December average rate of 2.5558, 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 2.6457 was down 4.32% compared to the 2022 peak of 2.7653, 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 13,229 BZD

2022 Average 12,465 BZD

Yearly Trough Low 11,917 BZD

Transaction Impact: A difference of 1,311.26 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.6090

2.4160

JanuMarcMayJulySeptNove

FKP to BZD 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 2.4846, compared to 2.5265 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0418 points.

H1 Avg (Jan–Jun) 2.4846

H2 Avg (Jul–Dec) 2.5265

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.1136 BZD (High: 2.4971 / Low: 2.3835). On the other end, August was the most stable month, with a tight range of 0.0455 BZD (High: 2.5802 / Low: 2.5347).

March Spread (Volatile) ±0.1136

August Spread (Stable) ±0.0455

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 0.0638 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0638

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 2.5930) against the same month in 2022 (average: 2.4203), the exchange rate shifted by +0.1726 (+7.13%).

2023 Avg (July) 2.5930

2022 Avg (July) 2.4203

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5046	2.4017	2.4681
February	2.4968	2.4067	2.4321
March	2.4971	2.3835	2.4408
April	2.5344	2.4712	2.5062
May	2.5476	2.4819	2.5138
June	2.5874	2.5015	2.5470
July	2.6457	2.5425	2.5930
August	2.5802	2.5347	2.5601
September	2.5461	2.4483	2.4964
October	2.4827	2.4352	2.4514
November	2.5608	2.4528	2.5021
December	2.5801	2.5297	2.5558