2023 FJD to CDF Historical Review

YEARLY HIGH

1269.8118 CDF

YEARLY LOW

915.6984 CDF

YEARLY AVERAGE

1046.7219 CDF

2023 FJD to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FJD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 1269.8118. Conversely, the yearly low was recorded on May 4, dropping to 915.6984.

This high-to-low spread represents a total annual volatility of 354.1134 CDF. From a start-to-finish perspective, comparing the January average rate of 940.6972 to the December average rate of 1229.0328, the exchange rate registered a net change of 30.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1269.8118 was up 31.37% compared to the 2022 peak of 966.6034, 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 6,349,059 CDF

2022 Average 4,616,164 CDF

Yearly Trough Low 4,578,492 CDF

Transaction Impact: A difference of 1,770,567.03 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1258.7002

902.6919

JanuMarcMayJulySeptNove

FJD to CDF 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 966.2413, compared to 1127.2025 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 160.9612 points.

H1 Avg (Jan–Jun) 966.2413

H2 Avg (Jul–Dec) 1127.2025

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 140.9699 CDF (High: 1220.0457 / Low: 1079.0757). On the other end, September was the most stable month, with a tight range of 19.3008 CDF (High: 1102.5188 / Low: 1083.2180).

November Spread (Volatile) ±140.9699

September Spread (Stable) ±19.3008

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 15.6398 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -15.6398

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1229.0328) against the same month in 2022 (average: 926.4027), the exchange rate shifted by +302.6302 (+32.67%).

2023 Avg (December) 1229.0328

2022 Avg (December) 926.4027

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	962.0558	919.7123	940.6972
February	954.8844	921.4617	940.1062
March	943.6257	921.4196	932.3593
April	983.3866	923.5698	940.3723
May	1047.4218	915.6984	983.4203
June	1081.8333	1031.0424	1060.4928
July	1143.3696	1081.8333	1113.2992
August	1118.4164	1066.8641	1097.6594
September	1102.5188	1083.2180	1093.6856
October	1135.5936	1083.2863	1103.8059
November	1220.0457	1079.0757	1125.7323
December	1269.8118	1194.2412	1229.0328