2023 FJD to BBD Historical Review

YEARLY HIGH

0.9294 BBD

YEARLY LOW

0.8672 BBD

YEARLY AVERAGE

0.8972 BBD

2023 FJD to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FJD to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.9294. Conversely, the yearly low was recorded on November 13, dropping to 0.8672.

This high-to-low spread represents a total annual volatility of 0.0622 BBD. From a start-to-finish perspective, comparing the January average rate of 0.9183 to the December average rate of 0.9028, the exchange rate registered a net change of -1.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9294 was down 3.25% compared to the 2022 peak of 0.9606, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,647 BBD

2022 Average 4,572 BBD

Yearly Trough Low 4,336 BBD

Transaction Impact: A difference of 310.98 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9225

0.8725

JanuMarcMayJulySeptNove

FJD to BBD 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 0.9055, compared to 0.8890 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0165 points.

H1 Avg (Jan–Jun) 0.9055

H2 Avg (Jul–Dec) 0.8890

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0316 BBD (High: 0.8988 / Low: 0.8672). On the other end, March was the most stable month, with a tight range of 0.0133 BBD (High: 0.9066 / Low: 0.8933).

November Spread (Volatile) ±0.0316

March Spread (Stable) ±0.0133

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0152 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0152

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.9183) against the same month in 2022 (average: 0.9389), the exchange rate shifted by -0.0206 (-2.20%).

2023 Avg (January) 0.9183

2022 Avg (January) 0.9389

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9294	0.9003	0.9183
February	0.9232	0.9012	0.9116
March	0.9066	0.8933	0.9017
April	0.9108	0.8940	0.9037
May	0.9120	0.8879	0.8990
June	0.9104	0.8838	0.8986
July	0.9178	0.8880	0.9018
August	0.9016	0.8709	0.8866
September	0.8850	0.8699	0.8807
October	0.8852	0.8701	0.8767
November	0.8988	0.8672	0.8852
December	0.9134	0.8930	0.9028