2023 FKP to KMF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 FKP to KMF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the FKP to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 583.1606. Conversely, the yearly low was recorded on February 3, dropping to 543.7268.
This high-to-low spread represents a total annual volatility of 39.4338 KMF. From a start-to-finish perspective, comparing the January average rate of 559.5617 to the December average rate of 571.4012, the exchange rate registered a net change of 2.12% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 583.1606 was down 2.12% compared to the 2022 peak of 595.7836, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
FKP to KMF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 562.1205, compared to 570.6557 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.5352 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 17.1276 KMF (High: 581.5705 / Low: 564.4429). On the other end, October was the most stable month, with a tight range of 8.7240 KMF (High: 572.4987 / Low: 563.7746).
Growth Streaks & Declines
TrendsBetween April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 4.4553 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 571.4012) against the same month in 2022 (average: 565.9263), the exchange rate shifted by +5.4749 (+0.97%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 564.0473 | 555.1840 | 559.5617 |
| February | 560.7608 | 543.7268 | 555.1063 |
| March | 568.7694 | 552.9802 | 559.1201 |
| April | 562.7995 | 551.3023 | 558.7019 |
| May | 574.1617 | 558.6927 | 565.4719 |
| June | 580.8201 | 568.9185 | 574.7609 |
| July | 581.5705 | 564.4429 | 573.7825 |
| August | 577.6227 | 567.5638 | 573.3779 |
| September | 575.4116 | 564.8910 | 570.9192 |
| October | 572.4987 | 563.7746 | 567.4373 |
| November | 578.2216 | 561.3209 | 567.0161 |
| December | 583.1606 | 566.2356 | 571.4012 |