YEARLY HIGH
0.9369 BZD
YEARLY LOW
0.8747 BZD
YEARLY AVERAGE
0.9038 BZD

2023 FJD to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FJD to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 28, valuing the pair at 0.9369. Conversely, the yearly low was recorded on November 13, dropping to 0.8747.

This high-to-low spread represents a total annual volatility of 0.0623 BZD. From a start-to-finish perspective, comparing the January average rate of 0.9255 to the December average rate of 0.9109, the exchange rate registered a net change of -1.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9369 was down 3.47% compared to the 2022 peak of 0.9707, 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 4,685 BZD
2022 Average 4,608 BZD
Yearly Trough Low 4,373 BZD
Transaction Impact: A difference of 311.34 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9298
0.8787
JanuMarcMayJulySeptNove

FJD to BZD 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 0.9120, compared to 0.8956 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0164 points.

H1 Avg (Jan–Jun) 0.9120
H2 Avg (Jul–Dec) 0.8956

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0314 BZD (High: 0.9090 / Low: 0.8776). On the other end, September was the most stable month, with a tight range of 0.0146 BZD (High: 0.8923 / Low: 0.8777).

August Spread (Volatile) ±0.0314
September Spread (Stable) ±0.0146

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 0.0143 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0143

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.9255) against the same month in 2022 (average: 0.9461), the exchange rate shifted by -0.0206 (-2.18%).

2023 Avg (January) 0.9255
2022 Avg (January) 0.9461

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9369 0.9075 0.9255
February 0.9358 0.9049 0.9189
March 0.9138 0.8959 0.9065
April 0.9188 0.8946 0.9099
May 0.9198 0.8948 0.9056
June 0.9181 0.8916 0.9055
July 0.9244 0.8951 0.9078
August 0.9090 0.8776 0.8935
September 0.8923 0.8777 0.8874
October 0.8926 0.8774 0.8829
November 0.9052 0.8747 0.8911
December 0.9243 0.8999 0.9109