2023 FJD to BND Historical Review

YEARLY HIGH

0.6167 BND

YEARLY LOW

0.5848 BND

YEARLY AVERAGE

0.6022 BND

2023 FJD to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FJD to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.6167. Conversely, the yearly low was recorded on November 19, dropping to 0.5848.

This high-to-low spread represents a total annual volatility of 0.0319 BND. From a start-to-finish perspective, comparing the January average rate of 0.6092 to the December average rate of 0.6014, the exchange rate registered a net change of -1.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6167 was down 5.56% compared to the 2022 peak of 0.6530, 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 3,083 BND

2022 Average 3,151 BND

Yearly Trough Low 2,924 BND

Transaction Impact: A difference of 159.56 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6105

0.5955

JanuMarcMayJulySeptNove

FJD to BND 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 0.6046, compared to 0.5997 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 0.6046

H2 Avg (Jul–Dec) 0.5997

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0194 BND (High: 0.6042 / Low: 0.5848). On the other end, December was the most stable month, with a tight range of 0.0069 BND (High: 0.6049 / Low: 0.5979).

November Spread (Volatile) ±0.0194

December Spread (Stable) ±0.0069

Growth Streaks & Declines

Trends

Between April and June, 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 October and November, when the average rate fell by 0.0032 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.6092) against the same month in 2022 (average: 0.6340), the exchange rate shifted by -0.0247 (-3.90%).

2023 Avg (January) 0.6092

2022 Avg (January) 0.6340

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6167	0.6024	0.6092
February	0.6121	0.6008	0.6071
March	0.6088	0.5989	0.6040
April	0.6061	0.5934	0.6010
May	0.6082	0.5954	0.6018
June	0.6115	0.5965	0.6046
July	0.6096	0.5948	0.6017
August	0.6047	0.5908	0.5986
September	0.6037	0.5942	0.5999
October	0.6050	0.5938	0.5999
November	0.6042	0.5848	0.5968
December	0.6049	0.5979	0.6014