YEARLY HIGH
788.6860 SDG
YEARLY LOW
682.9371 SDG
YEARLY AVERAGE
741.7094 SDG

2023 FKP to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FKP to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 788.6860. Conversely, the yearly low was recorded on November 20, dropping to 682.9371.

This high-to-low spread represents a total annual volatility of 105.7489 SDG. From a start-to-finish perspective, comparing the January average rate of 706.3428 to the December average rate of 761.2388, the exchange rate registered a net change of 7.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 788.6860 was up 11.71% compared to the 2022 peak of 706.0060, 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 3,943,430 SDG
2022 Average 3,068,300 SDG
Yearly Trough Low 3,414,685 SDG
Transaction Impact: A difference of 528,744.52 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

780.9032
699.5646
JanuMarcMayJulySeptNove

FKP to SDG 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 730.2180, compared to 753.2009 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 22.9828 points.

H1 Avg (Jan–Jun) 730.2180
H2 Avg (Jul–Dec) 753.2009

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 80.4819 SDG (High: 763.4189 / Low: 682.9371). On the other end, August was the most stable month, with a tight range of 13.0677 SDG (High: 769.6343 / Low: 756.5667).

November Spread (Volatile) ±80.4819
August Spread (Stable) ±13.0677

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 18.9507 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -18.9507

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 774.1250) against the same month in 2022 (average: 548.0675), the exchange rate shifted by +226.0575 (+41.25%).

2023 Avg (July) 774.1250
2022 Avg (July) 548.0675

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 722.3220 682.9804 706.3428
February 722.8199 701.1556 706.4656
March 735.7550 695.5022 715.8199
April 753.8415 710.7184 744.1260
May 757.5834 739.6176 748.7440
June 771.8445 746.5628 759.8099
July 788.6860 762.9020 774.1250
August 769.6343 756.5667 763.7659
September 759.2588 729.3291 744.8152
October 738.9208 725.3858 731.3482
November 763.4189 682.9371 743.9120
December 769.2554 754.1346 761.2388