YEARLY HIGH
19698.0373 LBP
YEARLY LOW
1812.5478 LBP
YEARLY AVERAGE
17109.7104 LBP

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 FKP based on timing:

Yearly Peak High 98,490,187 LBP
2022 Average 9,372,816 LBP
Yearly Trough Low 9,062,739 LBP
Transaction Impact: A difference of 89,427,447.80 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

21157.7879
101.3633
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 15357.9857
H2 Avg (Jul–Dec) 18861.4350

Volatility Range Comparison

Volatility

The 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).

February Spread (Volatile) ±16706.8335
January Spread (Stable) ±69.5465

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 479.5445 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -479.5445

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (July) 19403.0859
2022 Avg (July) 1815.6009

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