2023 FJD to CAD Historical Review

YEARLY HIGH

0.6230 CAD

YEARLY LOW

0.5859 CAD

YEARLY AVERAGE

0.6056 CAD

2023 FJD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FJD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.6230. Conversely, the yearly low was recorded on June 28, dropping to 0.5859.

This high-to-low spread represents a total annual volatility of 0.0371 CAD. From a start-to-finish perspective, comparing the January average rate of 0.6162 to the December average rate of 0.6054, the exchange rate registered a net change of -1.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6230 was down 0.36% compared to the 2022 peak of 0.6253, 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 3,115 CAD

2022 Average 2,974 CAD

Yearly Trough Low 2,929 CAD

Transaction Impact: A difference of 185.55 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6198

0.5944

JanuMarcMayJulySeptNove

FJD to CAD 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 0.6105, compared to 0.6007 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0098 points.

H1 Avg (Jan–Jun) 0.6105

H2 Avg (Jul–Dec) 0.6007

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0178 CAD (High: 0.6073 / Low: 0.5894). On the other end, February was the most stable month, with a tight range of 0.0085 CAD (High: 0.6169 / Low: 0.6084).

July Spread (Volatile) ±0.0178

February Spread (Stable) ±0.0085

Growth Streaks & Declines

Trends

Between September and November, 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 May and June, when the average rate fell by 0.0111 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0111

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.6177) against the same month in 2022 (average: 0.6010), the exchange rate shifted by +0.0167 (+2.78%).

2023 Avg (March) 0.6177

2022 Avg (March) 0.6010

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6218	0.6093	0.6162
February	0.6169	0.6084	0.6134
March	0.6230	0.6120	0.6177
April	0.6171	0.6030	0.6107
May	0.6150	0.6025	0.6081
June	0.6021	0.5859	0.5970
July	0.6073	0.5894	0.5965
August	0.6034	0.5887	0.5977
September	0.6016	0.5872	0.5967
October	0.6069	0.5905	0.6011
November	0.6124	0.5984	0.6067
December	0.6090	0.5967	0.6054