YEARLY HIGH
0.0126 FJD
YEARLY LOW
0.0027 FJD
YEARLY AVERAGE
0.0085 FJD

2023 ARS to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0126. Conversely, the yearly low was recorded on December 31, dropping to 0.0027.

This high-to-low spread represents a total annual volatility of 0.0099 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0120 to the December average rate of 0.0041, the exchange rate registered a net change of -66.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0126 was down 39.51% compared to the 2022 peak of 0.0208, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ARS based on timing:

Yearly Peak High 63 FJD
2022 Average 86 FJD
Yearly Trough Low 14 FJD
Transaction Impact: A difference of 49.31 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0128
0.0033
JanuMarcMayJulySeptNove

ARS to FJD 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 0.0105, compared to 0.0065 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.0105
H2 Avg (Jul–Dec) 0.0065

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0035 FJD (High: 0.0062 / Low: 0.0027). On the other end, October was the most stable month, with a tight range of 0.0001 FJD (High: 0.0066 / Low: 0.0065).

December Spread (Volatile) ±0.0035
October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0023 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0120) against the same month in 2022 (average: 0.0205), the exchange rate shifted by -0.0085 (-41.63%).

2023 Avg (January) 0.0120
2022 Avg (January) 0.0205

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0126 0.0116 0.0120
February 0.0116 0.0112 0.0114
March 0.0113 0.0106 0.0110
April 0.0106 0.0100 0.0103
May 0.0100 0.0094 0.0096
June 0.0094 0.0087 0.0090
July 0.0087 0.0081 0.0084
August 0.0082 0.0064 0.0071
September 0.0066 0.0065 0.0065
October 0.0066 0.0065 0.0065
November 0.0066 0.0062 0.0064
December 0.0062 0.0027 0.0041