2023 FKP to SBD Historical Review

YEARLY HIGH

10.9868 SBD

YEARLY LOW

9.7715 SBD

YEARLY AVERAGE

10.3797 SBD

2023 FKP to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FKP to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 10.9868. Conversely, the yearly low was recorded on March 8, dropping to 9.7715.

This high-to-low spread represents a total annual volatility of 1.2154 SBD. From a start-to-finish perspective, comparing the January average rate of 10.1191 to the December average rate of 10.7124, the exchange rate registered a net change of 5.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.9868 was down 0.78% compared to the 2022 peak of 11.0728, 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 54,934 SBD

2022 Average 50,308 SBD

Yearly Trough Low 48,857 SBD

Transaction Impact: A difference of 6,076.95 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.8582

9.8491

JanuMarcMayJulySeptNove

FKP to SBD 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 10.2144, compared to 10.5449 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3305 points.

H1 Avg (Jan–Jun) 10.2144

H2 Avg (Jul–Dec) 10.5449

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.5360 SBD (High: 10.7745 / Low: 10.2385). On the other end, August was the most stable month, with a tight range of 0.1809 SBD (High: 10.7081 / Low: 10.5272).

November Spread (Volatile) ±0.5360

August Spread (Stable) ±0.1809

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.2240 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.2240

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 10.7741) against the same month in 2022 (average: 9.7944), the exchange rate shifted by +0.9797 (+10.00%).

2023 Avg (July) 10.7741

2022 Avg (July) 9.7944

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.2424	9.8425	10.1191
February	10.2131	9.8465	9.9332
March	10.1974	9.7715	9.9897
April	10.4809	10.1143	10.3207
May	10.5227	10.2564	10.3891
June	10.6946	10.3630	10.5344
July	10.9868	10.5759	10.7741
August	10.7081	10.5272	10.6292
September	10.5646	10.1566	10.4051
October	10.3944	10.1523	10.2636
November	10.7745	10.2385	10.4852
December	10.8237	10.6131	10.7124