2023 FJD to GNF Historical Review

YEARLY HIGH

4088.3644 GNF

YEARLY LOW

3735.7437 GNF

YEARLY AVERAGE

3866.5314 GNF

2023 FJD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FJD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 4088.3644. Conversely, the yearly low was recorded on November 18, dropping to 3735.7437.

This high-to-low spread represents a total annual volatility of 352.6207 GNF. From a start-to-finish perspective, comparing the January average rate of 3979.2546 to the December average rate of 3883.1111, the exchange rate registered a net change of -2.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 4088.3644 was down 6.86% compared to the 2022 peak of 4389.2681, 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 20,441,822 GNF

2022 Average 20,140,206 GNF

Yearly Trough Low 18,678,719 GNF

Transaction Impact: A difference of 1,763,103.51 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

4000.1908

3748.9568

JanuMarcMayJulySeptNove

FJD to GNF 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 3908.6808, compared to 3824.3819 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 84.2989 points.

H1 Avg (Jan–Jun) 3908.6808

H2 Avg (Jul–Dec) 3824.3819

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 180.7808 GNF (High: 4088.3644 / Low: 3907.5837). On the other end, October was the most stable month, with a tight range of 72.8905 GNF (High: 3818.6184 / Low: 3745.7279).

January Spread (Volatile) ±180.7808

October Spread (Stable) ±72.8905

Growth Streaks & Declines

Trends

Between October and December, 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 63.8258 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -63.8258

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 3979.2546) against the same month in 2022 (average: 4270.3290), the exchange rate shifted by -291.0744 (-6.82%).

2023 Avg (January) 3979.2546

2022 Avg (January) 4270.3290

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4088.3644	3907.5837	3979.2546
February	4028.4740	3852.5281	3940.6051
March	3976.5025	3829.3099	3894.0020
April	3923.7854	3826.0685	3886.0189
May	3932.0134	3822.6936	3876.6909
June	3933.9640	3802.6240	3875.5134
July	3953.3384	3827.9888	3880.8859
August	3901.6364	3768.8606	3817.0601
September	3824.5692	3748.2269	3788.9949
October	3818.6184	3745.7279	3769.8930
November	3861.1445	3735.7437	3806.3466
December	3927.3574	3839.5973	3883.1111