2023 FJD to DJF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 FJD to DJF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the FJD to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 28, valuing the pair at 82.7485. Conversely, the yearly low was recorded on November 13, dropping to 77.1186.
This high-to-low spread represents a total annual volatility of 5.6299 DJF. From a start-to-finish perspective, comparing the January average rate of 81.6141 to the December average rate of 80.3957, the exchange rate registered a net change of -1.49% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 82.7485 was down 3.48% compared to the 2022 peak of 85.7298, 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 2023.
FJD to DJF 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 80.5014, compared to 79.0569 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4445 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 2.9821 DJF (High: 82.6510 / Low: 79.6689). On the other end, October was the most stable month, with a tight range of 1.1058 DJF (High: 78.6748 / Low: 77.5690).
Growth Streaks & Declines
TrendsBetween 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 1.2486 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 81.6141) against the same month in 2022 (average: 83.4940), the exchange rate shifted by -1.8799 (-2.25%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 82.7485 | 80.0234 | 81.6141 |
| February | 82.6510 | 79.6689 | 81.1282 |
| March | 80.6074 | 79.1942 | 80.0963 |
| April | 81.0107 | 79.0669 | 80.2620 |
| May | 81.1027 | 78.9868 | 79.9425 |
| June | 81.1806 | 78.4980 | 79.9651 |
| July | 81.6024 | 78.6951 | 80.1095 |
| August | 80.2743 | 77.4360 | 78.8609 |
| September | 79.0985 | 77.4956 | 78.3874 |
| October | 78.6748 | 77.5690 | 77.9614 |
| November | 80.0736 | 77.1186 | 78.6262 |
| December | 81.5052 | 79.4117 | 80.3957 |