YEARLY HIGH
3.2648 CNY
YEARLY LOW
3.1117 CNY
YEARLY AVERAGE
3.1908 CNY

2024 FJD to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 12, valuing the pair at 3.2648. Conversely, the yearly low was recorded on April 21, dropping to 3.1117.

This high-to-low spread represents a total annual volatility of 0.1531 CNY. From a start-to-finish perspective, comparing the January average rate of 3.1838 to the December average rate of 3.1561, the exchange rate registered a net change of -0.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.2648 was down 0.45% compared to the 2023 peak of 3.2794, 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 16,324 CNY
2023 Average 15,862 CNY
Yearly Trough Low 15,558 CNY
Transaction Impact: A difference of 765.51 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3.2418
3.1483
JanuMarcMayJulySeptNove

FJD to CNY 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 3.1898, compared to 3.1918 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 3.1898
H2 Avg (Jul–Dec) 3.1918

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.1278 CNY (High: 3.2506 / Low: 3.1227). On the other end, September was the most stable month, with a tight range of 0.0417 CNY (High: 3.2181 / Low: 3.1764).

May Spread (Volatile) ±0.1278
September Spread (Stable) ±0.0417

Growth Streaks & Declines

Trends

Between May and July, 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 0.0304 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0304

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 3.2340) against the same month in 2023 (average: 3.2404), the exchange rate shifted by -0.0064 (-0.20%).

2024 Avg (July) 3.2340
2023 Avg (July) 3.2404

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.2249 3.1287 3.1838
February 3.2191 3.1577 3.1824
March 3.2290 3.1625 3.1964
April 3.2310 3.1117 3.1895
May 3.2506 3.1227 3.1768
June 3.2481 3.1400 3.2102
July 3.2648 3.1981 3.2340
August 3.2361 3.1596 3.2036
September 3.2181 3.1764 3.2041
October 3.2083 3.1237 3.1740
November 3.2076 3.1190 3.1793
December 3.2082 3.1332 3.1561