YEARLY HIGH
0.4300 EUR
YEARLY LOW
0.3999 EUR
YEARLY AVERAGE
0.4146 EUR

2023 FJD to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FJD to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.4300. Conversely, the yearly low was recorded on August 18, dropping to 0.3999.

This high-to-low spread represents a total annual volatility of 0.0301 EUR. From a start-to-finish perspective, comparing the January average rate of 0.4256 to the December average rate of 0.4133, the exchange rate registered a net change of -2.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4300 was down 6.64% compared to the 2022 peak of 0.4606, 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 2,150 EUR
2022 Average 2,172 EUR
Yearly Trough Low 1,999 EUR
Transaction Impact: A difference of 150.65 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4279
0.4043
JanuMarcMayJulySeptNove

FJD to EUR 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 0.4185, compared to 0.4106 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0079 points.

H1 Avg (Jan–Jun) 0.4185
H2 Avg (Jul–Dec) 0.4106

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0146 EUR (High: 0.4147 / Low: 0.4002). On the other end, December was the most stable month, with a tight range of 0.0056 EUR (High: 0.4151 / Low: 0.4095).

November Spread (Volatile) ±0.0146
December Spread (Stable) ±0.0056

Growth Streaks & Declines

Trends

Between April and June, 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 March and April, when the average rate fell by 0.0096 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0096

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.4256) against the same month in 2022 (average: 0.4147), the exchange rate shifted by +0.0110 (+2.64%).

2023 Avg (January) 0.4256
2022 Avg (January) 0.4147

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4300 0.4203 0.4256
February 0.4281 0.4191 0.4259
March 0.4262 0.4157 0.4208
April 0.4177 0.4042 0.4112
May 0.4176 0.4043 0.4132
June 0.4190 0.4050 0.4143
July 0.4138 0.4013 0.4078
August 0.4097 0.3999 0.4063
September 0.4175 0.4099 0.4124
October 0.4192 0.4106 0.4149
November 0.4147 0.4002 0.4091
December 0.4151 0.4095 0.4133