2023 FKP to SYP Historical Review

YEARLY HIGH

3298.5388 SYP

YEARLY LOW

2971.5831 SYP

YEARLY AVERAGE

3124.7599 SYP

2023 FKP to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FKP to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 3298.5388. Conversely, the yearly low was recorded on March 7, dropping to 2971.5831.

This high-to-low spread represents a total annual volatility of 326.9557 SYP. From a start-to-finish perspective, comparing the January average rate of 3076.3984 to the December average rate of 3182.4214, the exchange rate registered a net change of 3.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3298.5388 was down 4.25% compared to the 2022 peak of 3444.8475, 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 16,492,694 SYP

2022 Average 15,537,440 SYP

Yearly Trough Low 14,857,916 SYP

Transaction Impact: A difference of 1,634,778.40 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3256.3798

3010.7232

JanuMarcMayJulySeptNove

FKP to SYP 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 3099.1444, compared to 3150.3754 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 51.2311 points.

H1 Avg (Jan–Jun) 3099.1444

H2 Avg (Jul–Dec) 3150.3754

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 140.5489 SYP (High: 3112.1320 / Low: 2971.5831). On the other end, August was the most stable month, with a tight range of 54.5850 SYP (High: 3214.8450 / Low: 3160.2601).

March Spread (Volatile) ±140.5489

August Spread (Stable) ±54.5850

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 78.8094 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -78.8094

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 3235.9084) against the same month in 2022 (average: 3017.7423), the exchange rate shifted by +218.1661 (+7.23%).

2023 Avg (July) 3235.9084

2022 Avg (July) 3017.7423

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3119.2295	2992.1687	3076.3984
February	3112.4366	3000.4622	3031.1946
March	3112.1320	2971.5831	3049.9799
April	3159.3818	3086.9534	3127.0841
May	3175.5860	3094.6070	3134.9182
June	3224.0774	3122.9049	3175.2909
July	3298.5388	3188.9633	3235.9084
August	3214.8450	3160.2601	3191.1896
September	3171.5054	3049.0204	3112.3803
October	3094.2678	3034.3832	3057.8697
November	3194.1932	3060.5674	3122.4832
December	3215.9355	3152.7217	3182.4214