YEARLY HIGH
18.3951 SCR
YEARLY LOW
15.4659 SCR
YEARLY AVERAGE
16.7168 SCR

2023 FKP to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FKP to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 18.3951. Conversely, the yearly low was recorded on October 26, dropping to 15.4659.

This high-to-low spread represents a total annual volatility of 2.9292 SCR. From a start-to-finish perspective, comparing the January average rate of 16.5883 to the December average rate of 17.0172, the exchange rate registered a net change of 2.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 18.3951 was down 9.98% compared to the 2022 peak of 20.4337, 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 91,975 SCR
2022 Average 83,958 SCR
Yearly Trough Low 77,329 SCR
Transaction Impact: A difference of 14,645.84 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

17.4334
16.1108
JanuMarcMayJulySeptNove

FKP to SCR 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 16.7137, compared to 16.7199 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0062 points.

H1 Avg (Jan–Jun) 16.7137
H2 Avg (Jul–Dec) 16.7199

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 1.9876 SCR (High: 17.5634 / Low: 15.5757). On the other end, August was the most stable month, with a tight range of 0.6884 SCR (High: 17.3529 / Low: 16.6645).

January Spread (Volatile) ±1.9876
August Spread (Stable) ±0.6884

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.7066 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.7066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 17.2149) against the same month in 2022 (average: 15.9271), the exchange rate shifted by +1.2878 (+8.09%).

2023 Avg (July) 17.2149
2022 Avg (July) 15.9271

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.5634 15.5757 16.5883
February 17.4488 15.5590 16.3595
March 17.1964 15.6853 16.3425
April 17.5531 16.0478 16.8211
May 17.6053 16.2748 16.8476
June 18.0498 16.3904 17.3232
July 18.3951 16.6145 17.2149
August 17.3529 16.6645 16.9850
September 16.8793 15.6915 16.2785
October 16.8505 15.4659 16.2210
November 17.4499 15.9696 16.6029
December 17.7900 16.2128 17.0172