2023 FKP to XDR Historical Review

YEARLY HIGH

0.9779 XDR

YEARLY LOW

0.8876 XDR

YEARLY AVERAGE

0.9318 XDR

2023 FKP to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FKP to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 0.9779. Conversely, the yearly low was recorded on February 3, dropping to 0.8876.

This high-to-low spread represents a total annual volatility of 0.0903 XDR. From a start-to-finish perspective, comparing the January average rate of 0.9114 to the December average rate of 0.9498, the exchange rate registered a net change of 4.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9779 was up 0.19% compared to the 2022 peak of 0.9760, 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 4,889 XDR

2022 Average 4,508 XDR

Yearly Trough Low 4,438 XDR

Transaction Impact: A difference of 451.39 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9642

0.8950

JanuMarcMayJulySeptNove

FKP to XDR 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 0.9198, compared to 0.9439 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0241 points.

H1 Avg (Jan–Jun) 0.9198

H2 Avg (Jul–Dec) 0.9439

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0343 XDR (High: 0.9234 / Low: 0.8891). On the other end, May was the most stable month, with a tight range of 0.0164 XDR (High: 0.9364 / Low: 0.9200).

March Spread (Volatile) ±0.0343

May Spread (Stable) ±0.0164

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 0.0144 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0144

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.9584) against the same month in 2022 (average: 0.8828), the exchange rate shifted by +0.0756 (+8.56%).

2023 Avg (July) 0.9584

2022 Avg (July) 0.8828

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9208	0.8929	0.9114
February	0.9186	0.8876	0.9008
March	0.9234	0.8891	0.9097
April	0.9307	0.9135	0.9221
May	0.9364	0.9200	0.9279
June	0.9627	0.9302	0.9469
July	0.9779	0.9460	0.9584
August	0.9588	0.9422	0.9514
September	0.9499	0.9230	0.9370
October	0.9387	0.9189	0.9267
November	0.9545	0.9265	0.9398
December	0.9616	0.9427	0.9498