2023 FKP to KPW Historical Review

YEARLY HIGH

1181.5520 KPW

YEARLY LOW

1064.4350 KPW

YEARLY AVERAGE

1119.3036 KPW

2023 FKP to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FKP to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 1181.5520. Conversely, the yearly low was recorded on March 7, dropping to 1064.4350.

This high-to-low spread represents a total annual volatility of 117.1171 KPW. From a start-to-finish perspective, comparing the January average rate of 1101.9803 to the December average rate of 1139.9582, 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 1181.5520 was down 4.27% compared to the 2022 peak of 1234.2208, 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 5,907,760 KPW

2022 Average 5,565,904 KPW

Yearly Trough Low 5,322,175 KPW

Transaction Impact: A difference of 585,585.27 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1166.4505

1078.4551

JanuMarcMayJulySeptNove

FKP to KPW 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 1110.1280, compared to 1128.4792 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 18.3512 points.

H1 Avg (Jan–Jun) 1110.1280

H2 Avg (Jul–Dec) 1128.4792

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 50.3453 KPW (High: 1114.7803 / Low: 1064.4350). On the other end, August was the most stable month, with a tight range of 19.5526 KPW (High: 1151.5725 / Low: 1132.0199).

March Spread (Volatile) ±50.3453

August Spread (Stable) ±19.5526

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 28.2299 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -28.2299

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1159.1175) against the same month in 2022 (average: 1080.9694), the exchange rate shifted by +78.1481 (+7.23%).

2023 Avg (July) 1159.1175

2022 Avg (July) 1080.9694

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1117.3226	1071.8088	1101.9803
February	1114.8893	1074.7796	1085.7881
March	1114.7803	1064.4350	1092.5171
April	1131.7054	1105.7611	1120.1362
May	1137.5098	1108.5027	1122.9424
June	1154.8796	1118.6391	1137.4041
July	1181.5520	1142.3016	1159.1175
August	1151.5725	1132.0199	1143.0991
September	1136.0481	1092.1734	1114.8692
October	1108.3812	1086.9303	1095.3432
November	1144.1749	1096.3096	1118.4881
December	1151.9631	1129.3196	1139.9582