YEARLY HIGH
96.0264 GYD
YEARLY LOW
89.8803 GYD
YEARLY AVERAGE
93.0196 GYD

2024 FJD to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 96.0264. Conversely, the yearly low was recorded on December 31, dropping to 89.8803.

This high-to-low spread represents a total annual volatility of 6.1461 GYD. From a start-to-finish perspective, comparing the January average rate of 93.7059 to the December average rate of 90.6407, the exchange rate registered a net change of -3.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 96.0264 was down 2.09% compared to the 2023 peak of 98.0744, 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 480,132 GYD
2023 Average 471,333 GYD
Yearly Trough Low 449,401 GYD
Transaction Impact: A difference of 30,730.51 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

95.1844
90.2277
JanuMarcMayJulySeptNove

FJD to GYD 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 92.9780, compared to 93.0612 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0832 points.

H1 Avg (Jan–Jun) 92.9780
H2 Avg (Jul–Dec) 93.0612

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 4.3642 GYD (High: 96.0264 / Low: 91.6621). On the other end, June was the most stable month, with a tight range of 1.5469 GYD (High: 93.8700 / Low: 92.3231).

March Spread (Volatile) ±4.3642
June Spread (Stable) ±1.5469

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.6762 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.6762

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 92.9802) against the same month in 2023 (average: 94.9923), the exchange rate shifted by -2.0121 (-2.12%).

2024 Avg (March) 92.9802
2023 Avg (March) 94.9923

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 95.6595 92.3426 93.7059
February 93.8457 91.7951 93.0566
March 96.0264 91.6621 92.9802
April 93.5675 91.1259 92.3312
May 93.9753 91.3721 92.7275
June 93.8700 92.3231 93.0664
July 94.1547 92.2854 93.2085
August 95.2822 91.7806 93.7139
September 95.7899 93.3063 94.7713
October 95.3367 91.7514 93.7160
November 93.8141 91.0794 92.3169
December 92.2355 89.8803 90.6407