2023 FKP to SOS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 FKP to SOS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the FKP to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 746.9628. Conversely, the yearly low was recorded on March 7, dropping to 672.7128.
This high-to-low spread represents a total annual volatility of 74.2499 SOS. From a start-to-finish perspective, comparing the January average rate of 696.3271 to the December average rate of 724.1774, the exchange rate registered a net change of 4.00% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 746.9628 was down 6.64% compared to the 2022 peak of 800.1050, 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 SOS 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 701.1718, compared to 714.9479 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.7761 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was March, with a trading range of 32.0304 SOS (High: 704.7433 / Low: 672.7128). On the other end, August was the most stable month, with a tight range of 12.7823 SOS (High: 728.8318 / Low: 716.0495).
Growth Streaks & Declines
TrendsBetween 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 16.7230 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 732.5001) against the same month in 2022 (average: 691.7903), the exchange rate shifted by +40.7099 (+5.88%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 706.2212 | 677.7058 | 696.3271 |
| February | 704.1813 | 678.6158 | 686.0502 |
| March | 704.7433 | 672.7128 | 689.4952 |
| April | 714.8605 | 697.5181 | 707.0321 |
| May | 719.7909 | 700.5722 | 709.4203 |
| June | 729.7040 | 706.9233 | 718.7061 |
| July | 746.9628 | 718.3403 | 732.5001 |
| August | 728.8318 | 716.0495 | 722.9499 |
| September | 719.4390 | 693.0121 | 706.2269 |
| October | 703.9264 | 689.3847 | 694.7947 |
| November | 726.5511 | 695.3720 | 709.0384 |
| December | 731.1863 | 716.4906 | 724.1774 |