YEARLY HIGH
16353.8736 SYP
YEARLY LOW
3102.9232 SYP
YEARLY AVERAGE
3600.4427 SYP

2024 FKP to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 16353.8736. Conversely, the yearly low was recorded on April 22, dropping to 3102.9232.

This high-to-low spread represents a total annual volatility of 13250.9504 SYP. From a start-to-finish perspective, comparing the January average rate of 3192.9672 to the December average rate of 7846.0045, the exchange rate registered a net change of 145.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 16353.8736 was up 395.79% compared to the 2023 peak of 3298.5388, 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 81,769,368 SYP
2023 Average 15,627,121 SYP
Yearly Trough Low 15,514,616 SYP
Transaction Impact: A difference of 66,254,751.89 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

8316.2899
2672.8650
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 3178.3553, compared to 4022.5300 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 844.1747 points.

H1 Avg (Jan–Jun) 3178.3553
H2 Avg (Jul–Dec) 4022.5300

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 13213.9136 SYP (High: 16353.8736 / Low: 3139.9599). On the other end, January was the most stable month, with a tight range of 39.2339 SYP (High: 3210.8394 / Low: 3171.6055).

December Spread (Volatile) ±13213.9136
January Spread (Stable) ±39.2339

Growth Streaks & Declines

Trends

Between 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 74.4921 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -74.4921

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 7846.0045) against the same month in 2023 (average: 3182.4214), the exchange rate shifted by +4663.5831 (+146.54%).

2024 Avg (December) 7846.0045
2023 Avg (December) 3182.4214

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3210.8394 3171.6055 3192.9672
February 3202.5396 3149.1258 3173.6483
March 3230.6108 3165.1728 3192.8429
April 3185.1753 3102.9232 3143.1504
May 3208.8588 3138.9518 3174.9549
June 3218.5391 3171.0571 3192.5681
July 3268.5485 3177.1079 3233.6039
August 3330.4172 3186.4720 3252.9305
September 3373.5378 3275.8742 3321.7050
October 3335.1563 3240.5484 3277.7142
November 3277.0535 3148.1985 3203.2220
December 16353.8736 3139.9599 7846.0045