2023 FKP to KZT Historical Review

YEARLY HIGH

589.2337 KZT

YEARLY LOW

518.6537 KZT

YEARLY AVERAGE

567.5567 KZT

2023 FKP to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FKP to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on August 17, valuing the pair at 589.2337. Conversely, the yearly low was recorded on March 5, dropping to 518.6537.

This high-to-low spread represents a total annual volatility of 70.5800 KZT. From a start-to-finish perspective, comparing the January average rate of 566.3625 to the December average rate of 581.5826, the exchange rate registered a net change of 2.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 589.2337 was down 13.86% compared to the 2022 peak of 684.0762, 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 2,946,169 KZT

2022 Average 2,852,242 KZT

Yearly Trough Low 2,593,269 KZT

Transaction Impact: A difference of 352,899.97 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

585.2698

541.0241

JanuMarcMayJulySeptNove

FKP to KZT 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 557.4252, compared to 577.6882 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 20.2630 points.

H1 Avg (Jan–Jun) 557.4252

H2 Avg (Jul–Dec) 577.6882

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 51.8617 KZT (High: 570.5154 / Low: 518.6537). On the other end, September was the most stable month, with a tight range of 10.6709 KZT (High: 586.6834 / Low: 576.0125).

March Spread (Volatile) ±51.8617

September Spread (Stable) ±10.6709

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 21.6513 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -21.6513

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 575.5448) against the same month in 2022 (average: 568.9188), the exchange rate shifted by +6.6260 (+1.16%).

2023 Avg (August) 575.5448

2022 Avg (August) 568.9188

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	574.5782	553.8153	566.3625
February	570.4737	535.4848	544.7112
March	570.5154	518.6537	547.8772
April	573.3267	550.1379	562.0440
May	564.7624	548.8300	556.6089
June	579.2463	554.2644	566.9475
July	583.9018	566.1782	573.2310
August	589.2337	564.0995	575.5448
September	586.6834	576.0125	580.3819
October	588.5847	568.5127	579.8316
November	584.8529	568.2843	575.5572
December	587.0576	574.5062	581.5826