2024 FKP to SOS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 FKP to SOS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the FKP to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 767.2457. Conversely, the yearly low was recorded on April 20, dropping to 705.3591.
This high-to-low spread represents a total annual volatility of 61.8866 SOS. From a start-to-finish perspective, comparing the January average rate of 725.9485 to the December average rate of 721.8497, the exchange rate registered a net change of -0.56% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 767.2457 was up 2.72% compared to the 2023 peak of 746.9628, 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 2024.
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 722.7446, compared to 737.6035 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.8590 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 32.5115 SOS (High: 757.2121 / Low: 724.7006). On the other end, January was the most stable month, with a tight range of 9.1227 SOS (High: 730.4091 / Low: 721.2864).
Growth Streaks & Declines
TrendsBetween April and September, 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 October and November, when the average rate fell by 16.9380 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 755.5015) against the same month in 2023 (average: 706.2269), the exchange rate shifted by +49.2746 (+6.98%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 730.4091 | 721.2864 | 725.9485 |
| February | 727.9331 | 717.0606 | 722.1560 |
| March | 734.8346 | 716.8917 | 725.9730 |
| April | 724.5092 | 705.3591 | 714.7244 |
| May | 730.5340 | 713.8302 | 721.6307 |
| June | 732.2063 | 721.1080 | 726.0348 |
| July | 743.1298 | 721.4004 | 735.1178 |
| August | 757.2121 | 724.7006 | 738.6542 |
| September | 767.2457 | 744.7224 | 755.5015 |
| October | 757.9450 | 736.5764 | 745.7180 |
| November | 745.2351 | 716.0891 | 728.7801 |
| December | 730.6397 | 714.3940 | 721.8497 |