YEARLY HIGH
336.0743 YER
YEARLY LOW
309.2079 YER
YEARLY AVERAGE
319.8694 YER

2024 FKP to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 336.0743. Conversely, the yearly low was recorded on April 22, dropping to 309.2079.

This high-to-low spread represents a total annual volatility of 26.8663 YER. From a start-to-finish perspective, comparing the January average rate of 318.1412 to the December average rate of 315.9522, the exchange rate registered a net change of -0.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 336.0743 was up 2.25% compared to the 2023 peak of 328.6683, 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 1,680,371 YER
2023 Average 1,556,905 YER
Yearly Trough Low 1,546,040 YER
Transaction Impact: A difference of 134,331.65 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

332.7255
311.4359
JanuMarcMayJulySeptNove

FKP to YER 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 316.6690, compared to 323.0698 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.4009 points.

H1 Avg (Jan–Jun) 316.6690
H2 Avg (Jul–Dec) 323.0698

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 13.6468 YER (High: 331.1488 / Low: 317.5021). On the other end, January was the most stable month, with a tight range of 4.0355 YER (High: 319.9299 / Low: 315.8944).

August Spread (Volatile) ±13.6468
January Spread (Stable) ±4.0355

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 7.9640 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -7.9640

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 330.9514) against the same month in 2023 (average: 310.1078), the exchange rate shifted by +20.8436 (+6.72%).

2024 Avg (September) 330.9514
2023 Avg (September) 310.1078

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 319.9299 315.8944 318.1412
February 319.0393 313.7807 316.1534
March 321.9162 315.4427 318.1495
April 317.4045 309.2079 313.2101
May 319.7327 312.7671 316.2243
June 320.7293 316.0291 318.1353
July 325.6477 316.5690 322.1943
August 331.1488 317.5021 324.1117
September 336.0743 326.4102 330.9514
October 332.2838 322.8581 326.5868
November 325.8428 313.1558 318.6228
December 319.9792 312.2707 315.9522