2023 FJD to GMD Historical Review

YEARLY HIGH

30.7691 GMD

YEARLY LOW

26.3243 GMD

YEARLY AVERAGE

27.9406 GMD

2023 FJD to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FJD to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 30.7691. Conversely, the yearly low was recorded on June 4, dropping to 26.3243.

This high-to-low spread represents a total annual volatility of 4.4448 GMD. From a start-to-finish perspective, comparing the January average rate of 28.4790 to the December average rate of 30.4041, the exchange rate registered a net change of 6.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 30.7691 was up 8.21% compared to the 2022 peak of 28.4338, 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 153,845 GMD

2022 Average 126,537 GMD

Yearly Trough Low 131,621 GMD

Transaction Impact: A difference of 22,223.88 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

30.7720

26.3574

JanuMarcMayJulySeptNove

FJD to GMD 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 27.5911, compared to 28.2901 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6990 points.

H1 Avg (Jan–Jun) 27.5911

H2 Avg (Jul–Dec) 28.2901

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 2.1267 GMD (High: 28.7057 / Low: 26.5790). On the other end, June was the most stable month, with a tight range of 0.7046 GMD (High: 27.0289 / Low: 26.3243).

September Spread (Volatile) ±2.1267

June Spread (Stable) ±0.7046

Growth Streaks & Declines

Trends

Between August and December, 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 April and May, when the average rate fell by 1.0783 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.0783

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 30.4041) against the same month in 2022 (average: 28.1084), the exchange rate shifted by +2.2957 (+8.17%).

2023 Avg (December) 30.4041

2022 Avg (December) 28.1084

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	28.9250	27.8881	28.4790
February	28.4336	27.5221	27.8497
March	28.1810	27.3394	27.6771
April	28.3666	26.9608	27.9470
May	27.3481	26.4544	26.8687
June	27.0289	26.3243	26.7253
July	27.3724	26.4618	26.8930
August	27.2281	26.3668	26.8552
September	28.7057	26.5790	27.2178
October	29.0451	28.0048	28.7610
November	30.2438	28.4198	29.6094
December	30.7691	30.0592	30.4041