2023 FKP to SRD Historical Review

YEARLY HIGH

49.8775 SRD

YEARLY LOW

37.6324 SRD

YEARLY AVERAGE

45.5413 SRD

2023 FKP to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FKP to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 16, valuing the pair at 49.8775. Conversely, the yearly low was recorded on January 5, dropping to 37.6324.

This high-to-low spread represents a total annual volatility of 12.2451 SRD. From a start-to-finish perspective, comparing the January average rate of 38.9584 to the December average rate of 47.3249, the exchange rate registered a net change of 21.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 49.8775 was up 26.37% compared to the 2022 peak of 39.4693, 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 249,388 SRD

2022 Average 148,844 SRD

Yearly Trough Low 188,162 SRD

Transaction Impact: A difference of 61,225.74 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

49.9297

37.9610

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 43.4249, compared to 47.6577 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.2328 points.

H1 Avg (Jan–Jun) 43.4249

H2 Avg (Jul–Dec) 47.6577

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 4.8761 SRD (High: 44.5623 / Low: 39.6863). On the other end, October was the most stable month, with a tight range of 1.0667 SRD (High: 47.0545 / Low: 45.9878).

March Spread (Volatile) ±4.8761

October Spread (Stable) ±1.0667

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 1.1671 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -1.1671

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 48.9323) against the same month in 2022 (average: 27.4956), the exchange rate shifted by +21.4367 (+77.96%).

2023 Avg (July) 48.9323

2022 Avg (July) 27.4956

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	40.2192	37.6324	38.9584
February	40.8842	38.8315	39.5781
March	44.5623	39.6863	42.0003
April	46.9029	44.3502	45.7730
May	47.8225	45.9413	46.5928
June	48.8525	46.3956	47.6469
July	49.8775	47.0566	48.9323
August	49.3410	48.0291	48.6108
September	48.7194	46.3743	47.4437
October	47.0545	45.9878	46.4295
November	48.1958	46.3202	47.2049
December	48.0682	46.7770	47.3249