2023 FKP to SLL Historical Review

YEARLY HIGH

26952.9809 SLL

YEARLY LOW

20892.4932 SLL

YEARLY AVERAGE

23732.1233 SLL

2023 FKP to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FKP to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 26952.9809. Conversely, the yearly low was recorded on March 7, dropping to 20892.4932.

This high-to-low spread represents a total annual volatility of 6060.4877 SLL. From a start-to-finish perspective, comparing the January average rate of 21629.4244 to the December average rate of 26560.3934, the exchange rate registered a net change of 22.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 26952.9809 was up 22.86% compared to the 2022 peak of 21937.7225, 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 134,764,905 SLL

2022 Average 84,344,338 SLL

Yearly Trough Low 104,462,466 SLL

Transaction Impact: A difference of 30,302,438.26 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

27165.7695

20779.4108

JanuMarcMayJulySeptNove

FKP to SLL 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 21789.3459, compared to 25674.9007 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3885.5548 points.

H1 Avg (Jan–Jun) 21789.3459

H2 Avg (Jul–Dec) 25674.9007

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 4532.1392 SLL (High: 26952.9809 / Low: 22420.8417). On the other end, August was the most stable month, with a tight range of 455.5647 SLL (High: 26831.0003 / Low: 26375.4357).

July Spread (Volatile) ±4532.1392

August Spread (Stable) ±455.5647

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 657.7406 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -657.7406

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 23298.5657) against the same month in 2022 (average: 16245.3378), the exchange rate shifted by +7053.2279 (+43.42%).

2023 Avg (July) 23298.5657

2022 Avg (July) 16245.3378

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21930.5596	21037.2251	21629.4244
February	21882.8004	21095.5348	21311.6074
March	21880.6591	20892.4932	21443.6823
April	22212.8612	21703.6339	21985.7836
May	22326.7889	21757.4448	22040.8634
June	22667.7206	21956.4004	22324.7141
July	26952.9809	22420.8417	23298.5657
August	26831.0003	26375.4357	26633.5729
September	26469.2888	25447.0326	25975.8324
October	25824.6664	25324.8714	25520.8886
November	26658.6405	25543.4041	26060.1512
December	26840.1011	26312.5204	26560.3934