2023 FKP to LRD Historical Review

YEARLY HIGH

241.2083 LRD

YEARLY LOW

183.6391 LRD

YEARLY AVERAGE

217.3390 LRD

2023 FKP to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FKP to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 241.2083. Conversely, the yearly low was recorded on February 24, dropping to 183.6391.

This high-to-low spread represents a total annual volatility of 57.5692 LRD. From a start-to-finish perspective, comparing the January average rate of 190.2561 to the December average rate of 238.4165, the exchange rate registered a net change of 25.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 241.2083 was up 15.04% compared to the 2022 peak of 209.6807, 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 1,206,042 LRD

2022 Average 945,117 LRD

Yearly Trough Low 918,195 LRD

Transaction Impact: A difference of 287,846.18 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

243.3814

183.8025

JanuMarcMayJulySeptNove

FKP to LRD 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 200.7860, compared to 233.8921 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 33.1061 points.

H1 Avg (Jan–Jun) 200.7860

H2 Avg (Jul–Dec) 233.8921

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 18.0891 LRD (High: 228.7831 / Low: 210.6940). On the other end, May was the most stable month, with a tight range of 4.1750 LRD (High: 210.4804 / Low: 206.3054).

June Spread (Volatile) ±18.0891

May Spread (Stable) ±4.1750

Growth Streaks & Declines

Trends

Between February and August, 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 5.8011 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -5.8011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 238.4165) against the same month in 2022 (average: 187.7099), the exchange rate shifted by +50.7066 (+27.01%).

2023 Avg (December) 238.4165

2022 Avg (December) 187.7099

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	194.3831	183.9938	190.2561
February	194.3624	183.6391	188.7674
March	200.9701	188.0218	193.5955
April	207.5301	199.4056	203.0208
May	210.4804	206.3054	208.3422
June	228.7831	210.6940	220.7337
July	241.1679	228.6369	236.6197
August	238.6400	233.9508	236.6350
September	234.7782	226.5047	230.8339
October	230.0815	225.4777	227.4453
November	239.0690	228.3978	233.4023
December	241.2083	235.9651	238.4165