2023 FJD to BRL Historical Review

YEARLY HIGH

2.4789 BRL

YEARLY LOW

2.1130 BRL

YEARLY AVERAGE

2.2409 BRL

2023 FJD to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FJD to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 2.4789. Conversely, the yearly low was recorded on July 31, dropping to 2.1130.

This high-to-low spread represents a total annual volatility of 0.3659 BRL. From a start-to-finish perspective, comparing the January average rate of 2.3819 to the December average rate of 2.2105, the exchange rate registered a net change of -7.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.4789 was down 7.65% compared to the 2022 peak of 2.6843, 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 12,394 BRL

2022 Average 11,798 BRL

Yearly Trough Low 10,565 BRL

Transaction Impact: A difference of 1,829.36 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.4037

2.1419

JanuMarcMayJulySeptNove

FJD to BRL 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 2.2959, compared to 2.1860 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1099 points.

H1 Avg (Jan–Jun) 2.2959

H2 Avg (Jul–Dec) 2.1860

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.1471 BRL (High: 2.4789 / Low: 2.3317). On the other end, December was the most stable month, with a tight range of 0.0552 BRL (High: 2.2325 / Low: 2.1773).

January Spread (Volatile) ±0.1471

December Spread (Stable) ±0.0552

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0835 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0835

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.3819) against the same month in 2022 (average: 2.5929), the exchange rate shifted by -0.2110 (-8.14%).

2023 Avg (January) 2.3819

2022 Avg (January) 2.5929

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4789	2.3317	2.3819
February	2.4249	2.3235	2.3608
March	2.3970	2.2906	2.3495
April	2.3090	2.2216	2.2660
May	2.2754	2.2100	2.2368
June	2.2379	2.1401	2.1801
July	2.2089	2.1130	2.1637
August	2.2091	2.1229	2.1756
September	2.2011	2.1405	2.1778
October	2.2742	2.1787	2.2191
November	2.2066	2.1249	2.1691
December	2.2325	2.1773	2.2105