2023 FKP to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 FKP to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the FKP to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 19698.0373. Conversely, the yearly low was recorded on January 5, dropping to 1812.5478.
This high-to-low spread represents a total annual volatility of 17885.4896 LBP. From a start-to-finish perspective, comparing the January average rate of 1856.0654 to the December average rate of 19063.0665, the exchange rate registered a net change of 927.07% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 19698.0373 was up 850.75% compared to the 2022 peak of 2071.8483, 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 LBP 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 15357.9857, compared to 18861.4350 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3503.4493 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 16706.8335 LBP (High: 18524.4384 / Low: 1817.6049). On the other end, January was the most stable month, with a tight range of 69.5465 LBP (High: 1882.0942 / Low: 1812.5478).
Growth Streaks & Declines
TrendsBetween 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 479.5445 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 19403.0859) against the same month in 2022 (average: 1815.6009), the exchange rate shifted by +17587.4849 (+968.69%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1882.0942 | 1812.5478 | 1856.0654 |
| February | 18524.4384 | 1817.6049 | 15270.1922 |
| March | 18707.3668 | 17909.8780 | 18299.2154 |
| April | 19046.7993 | 18526.9866 | 18788.1510 |
| May | 19274.4710 | 18530.1026 | 18822.7285 |
| June | 19556.5974 | 18759.2332 | 19111.5618 |
| July | 19698.0373 | 18932.7005 | 19403.0859 |
| August | 19407.2970 | 18873.1207 | 19126.9693 |
| September | 18984.6244 | 18245.3628 | 18647.4248 |
| October | 18497.5590 | 18157.9747 | 18280.2836 |
| November | 19094.1669 | 18287.6407 | 18647.7802 |
| December | 19256.6132 | 18865.9121 | 19063.0665 |