2020 FKP to SRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 FKP to SRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the FKP to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 19.3513. Conversely, the yearly low was recorded on March 19, dropping to 8.5702.
This high-to-low spread represents a total annual volatility of 10.7811 SRD. From a start-to-finish perspective, comparing the January average rate of 9.7520 to the December average rate of 19.0346, the exchange rate registered a net change of 95.19% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 19.3513 was up 92.58% compared to the 2019 peak of 10.0484, 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 2020.
FKP to SRD 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 9.4026, compared to 14.5976 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.1950 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was September, with a trading range of 8.7394 SRD (High: 18.2819 / Low: 9.5425). On the other end, January was the most stable month, with a tight range of 0.1979 SRD (High: 9.8833 / Low: 9.6854).
Growth Streaks & Declines
TrendsBetween May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.4415 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 19.0346) against the same month in 2019 (average: 9.7789), the exchange rate shifted by +9.2558 (+94.65%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.8833 | 9.6854 | 9.7520 |
| February | 9.8480 | 9.5623 | 9.6717 |
| March | 9.7669 | 8.5702 | 9.2302 |
| April | 9.4157 | 9.1113 | 9.2571 |
| May | 9.3240 | 9.0130 | 9.1710 |
| June | 9.4974 | 9.1813 | 9.3335 |
| July | 9.7815 | 9.2973 | 9.4476 |
| August | 9.9664 | 9.7293 | 9.7990 |
| September | 18.2819 | 9.5425 | 12.2282 |
| October | 18.5832 | 18.2354 | 18.3692 |
| November | 18.9415 | 18.2898 | 18.7070 |
| December | 19.3513 | 18.7194 | 19.0346 |