2024 FJD to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 FJD to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the FJD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 1312.1136. Conversely, the yearly low was recorded on January 20, dropping to 1189.7840.
This high-to-low spread represents a total annual volatility of 122.3296 CDF. From a start-to-finish perspective, comparing the January average rate of 1218.7441 to the December average rate of 1237.1446, the exchange rate registered a net change of 1.51% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 1312.1136 was up 3.33% compared to the 2023 peak of 1269.8118, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FJD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1234.4968, compared to 1268.7288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 34.2320 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was January, with a trading range of 57.4714 CDF (High: 1247.2554 / Low: 1189.7840). On the other end, February was the most stable month, with a tight range of 22.6908 CDF (High: 1237.0258 / Low: 1214.3349).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 25.0593 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 1290.0916) against the same month in 2023 (average: 1093.6856), the exchange rate shifted by +196.4061 (+17.96%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1247.2554 | 1189.7840 | 1218.7441 |
| February | 1237.0258 | 1214.3349 | 1225.4616 |
| March | 1245.1917 | 1215.7657 | 1232.1513 |
| April | 1255.3131 | 1218.1413 | 1231.7483 |
| May | 1258.8637 | 1219.1504 | 1239.1399 |
| June | 1274.0178 | 1236.6629 | 1259.7356 |
| July | 1291.2014 | 1250.7749 | 1267.3775 |
| August | 1294.4972 | 1258.0388 | 1277.1811 |
| September | 1312.1136 | 1269.0978 | 1290.0916 |
| October | 1302.4252 | 1259.7342 | 1278.3741 |
| November | 1284.5105 | 1244.4555 | 1262.2040 |
| December | 1264.0296 | 1222.9281 | 1237.1446 |