2023 FKP to LSL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 FKP to LSL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the FKP to LSL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 24.7708. Conversely, the yearly low was recorded on January 5, dropping to 20.1976.
This high-to-low spread represents a total annual volatility of 4.5732 LSL. From a start-to-finish perspective, comparing the January average rate of 20.9444 to the December average rate of 23.6472, the exchange rate registered a net change of 12.90% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 24.7708 was up 14.33% compared to the 2022 peak of 21.6661, 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 LSL 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 22.4505, compared to 23.4653 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0148 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 1.8592 LSL (High: 24.3487 / Low: 22.4894). On the other end, October was the most stable month, with a tight range of 0.9252 LSL (High: 23.7540 / Low: 22.8288).
Growth Streaks & Declines
TrendsBetween January and May, 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 August and September, when the average rate fell by 0.3934 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2023: 23.6617) against the same month in 2022 (average: 19.4410), the exchange rate shifted by +4.2208 (+21.71%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 21.4602 | 20.1976 | 20.9444 |
| February | 22.2073 | 20.6582 | 21.5991 |
| March | 22.7541 | 21.7509 | 22.1725 |
| April | 23.0110 | 21.8125 | 22.5726 |
| May | 24.5750 | 22.9428 | 23.7527 |
| June | 24.7708 | 23.2503 | 23.6617 |
| July | 24.3487 | 22.4894 | 23.4704 |
| August | 24.7464 | 23.0527 | 23.8793 |
| September | 24.0277 | 22.8899 | 23.4859 |
| October | 23.7540 | 22.8288 | 23.1935 |
| November | 24.0655 | 22.4024 | 23.1154 |
| December | 24.3800 | 23.1272 | 23.6472 |