2023 FKP to SVC Historical Review

YEARLY HIGH

11.4849 SVC

YEARLY LOW

10.3464 SVC

YEARLY AVERAGE

10.8772 SVC

2023 FKP to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FKP to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 11.4849. Conversely, the yearly low was recorded on March 7, dropping to 10.3464.

This high-to-low spread represents a total annual volatility of 1.1384 SVC. From a start-to-finish perspective, comparing the January average rate of 10.7140 to the December average rate of 11.0945, the exchange rate registered a net change of 3.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.4849 was down 4.33% compared to the 2022 peak of 12.0044, 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 57,424 SVC

2022 Average 54,115 SVC

Yearly Trough Low 51,732 SVC

Transaction Impact: A difference of 5,692.20 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.3256

10.4876

JanuMarcMayJulySeptNove

FKP to SVC 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 10.7874, compared to 10.9670 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1796 points.

H1 Avg (Jan–Jun) 10.7874

H2 Avg (Jul–Dec) 10.9670

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.4931 SVC (High: 10.8395 / Low: 10.3464). On the other end, August was the most stable month, with a tight range of 0.2005 SVC (High: 11.1999 / Low: 10.9994).

March Spread (Volatile) ±0.4931

August Spread (Stable) ±0.2005

Growth Streaks & Declines

Trends

Between 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 0.2765 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.2765

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 11.2558) against the same month in 2022 (average: 10.5063), the exchange rate shifted by +0.7495 (+7.13%).

2023 Avg (July) 11.2558

2022 Avg (July) 10.5063

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.8748	10.4267	10.7140
February	10.8385	10.4472	10.5574
March	10.8395	10.3464	10.6057
April	11.0020	10.7278	10.8786
May	11.0593	10.7731	10.9125
June	11.2317	10.8585	11.0562
July	11.4849	11.0372	11.2558
August	11.1999	10.9994	11.1131
September	11.0521	10.6269	10.8365
October	10.7777	10.5716	10.6414
November	11.1159	10.6478	10.8610
December	11.1996	10.9810	11.0945