YEARLY HIGH
3.6287 XCD
YEARLY LOW
3.3376 XCD
YEARLY AVERAGE
3.4540 XCD

2024 FKP to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 3.6287. Conversely, the yearly low was recorded on April 22, dropping to 3.3376.

This high-to-low spread represents a total annual volatility of 0.2911 XCD. From a start-to-finish perspective, comparing the January average rate of 3.4344 to the December average rate of 3.4145, the exchange rate registered a net change of -0.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.6287 was up 2.27% compared to the 2023 peak of 3.5480, 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 18,143 XCD
2023 Average 16,809 XCD
Yearly Trough Low 16,688 XCD
Transaction Impact: A difference of 1,455.40 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3.5921
3.3617
JanuMarcMayJulySeptNove

FKP to XCD 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 3.4187, compared to 3.4893 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0705 points.

H1 Avg (Jan–Jun) 3.4187
H2 Avg (Jul–Dec) 3.4893

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1548 XCD (High: 3.5823 / Low: 3.4275). On the other end, January was the most stable month, with a tight range of 0.0422 XCD (High: 3.4537 / Low: 3.4115).

August Spread (Volatile) ±0.1548
January Spread (Stable) ±0.0422

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 0.0801 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0801

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 3.5729) against the same month in 2023 (average: 3.3478), the exchange rate shifted by +0.2252 (+6.73%).

2024 Avg (September) 3.5729
2023 Avg (September) 3.3478

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.4537 3.4115 3.4344
February 3.4447 3.3873 3.4137
March 3.4749 3.4046 3.4343
April 3.4261 3.3376 3.3809
May 3.4515 3.3763 3.4151
June 3.4620 3.4109 3.4340
July 3.5157 3.4174 3.4782
August 3.5823 3.4275 3.4989
September 3.6287 3.5236 3.5729
October 3.5874 3.4856 3.5256
November 3.5249 3.3863 3.4455
December 3.4539 3.3774 3.4145