YEARLY HIGH
0.6220 CAD
YEARLY LOW
0.5938 CAD
YEARLY AVERAGE
0.6092 CAD

2024 FJD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.6220. Conversely, the yearly low was recorded on January 23, dropping to 0.5938.

This high-to-low spread represents a total annual volatility of 0.0282 CAD. From a start-to-finish perspective, comparing the January average rate of 0.6008 to the December average rate of 0.6181, the exchange rate registered a net change of 2.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6220 was down 0.16% compared to the 2023 peak of 0.6230, 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 3,110 CAD
2023 Average 3,028 CAD
Yearly Trough Low 2,969 CAD
Transaction Impact: A difference of 140.94 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6199
0.5982
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 0.6036, compared to 0.6148 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0112 points.

H1 Avg (Jan–Jun) 0.6036
H2 Avg (Jul–Dec) 0.6148

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0154 CAD (High: 0.6196 / Low: 0.6042). On the other end, February was the most stable month, with a tight range of 0.0081 CAD (High: 0.6045 / Low: 0.5963).

September Spread (Volatile) ±0.0154
February Spread (Stable) ±0.0081

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0008 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.6181) against the same month in 2023 (average: 0.6054), the exchange rate shifted by +0.0128 (+2.11%).

2024 Avg (December) 0.6181
2023 Avg (December) 0.6054

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6069 0.5938 0.6008
February 0.6045 0.5963 0.6000
March 0.6072 0.5943 0.6014
April 0.6074 0.5958 0.6036
May 0.6117 0.5994 0.6058
June 0.6157 0.6033 0.6097
July 0.6149 0.6034 0.6112
August 0.6153 0.6055 0.6127
September 0.6196 0.6042 0.6136
October 0.6201 0.6071 0.6160
November 0.6215 0.6081 0.6169
December 0.6220 0.6108 0.6181