YEARLY HIGH
115.3589 KGS
YEARLY LOW
100.1227 KGS
YEARLY AVERAGE
109.2537 KGS

2023 FKP to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FKP to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 115.3589. Conversely, the yearly low was recorded on January 5, dropping to 100.1227.

This high-to-low spread represents a total annual volatility of 15.2362 KGS. From a start-to-finish perspective, comparing the January average rate of 104.7981 to the December average rate of 112.8968, the exchange rate registered a net change of 7.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 115.3589 was down 15.48% compared to the 2022 peak of 136.4910, 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 576,794 KGS
2022 Average 522,100 KGS
Yearly Trough Low 500,613 KGS
Transaction Impact: A difference of 76,180.87 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

113.7907
103.9806
JanuMarcMayJulySeptNove

FKP to KGS 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 107.3959, compared to 111.1115 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.7157 points.

H1 Avg (Jan–Jun) 107.3959
H2 Avg (Jul–Dec) 111.1115

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 6.7958 KGS (High: 106.9185 / Low: 100.1227). On the other end, August was the most stable month, with a tight range of 1.6676 KGS (High: 112.6304 / Low: 110.9627).

January Spread (Volatile) ±6.7958
August Spread (Stable) ±1.6676

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 2.1889 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -2.1889

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 112.9732) against the same month in 2022 (average: 96.8766), the exchange rate shifted by +16.0966 (+16.62%).

2023 Avg (July) 112.9732
2022 Avg (July) 96.8766

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 106.9185 100.1227 104.7981
February 106.7197 103.7258 104.9175
March 108.2823 103.3921 106.1195
April 110.0521 107.4063 108.8767
May 110.6165 107.7957 109.1380
June 112.3955 108.6340 110.5252
July 115.3589 110.7023 112.9732
August 112.6304 110.9627 111.8685
September 111.4016 107.6519 109.6796
October 109.5081 107.1351 108.4468
November 113.0435 108.8026 110.8042
December 113.9528 112.0787 112.8968