YEARLY HIGH
3.5622 HKD
YEARLY LOW
3.3384 HKD
YEARLY AVERAGE
3.4691 HKD

2024 FJD to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 3.5622. Conversely, the yearly low was recorded on December 31, dropping to 3.3384.

This high-to-low spread represents a total annual volatility of 0.2238 HKD. From a start-to-finish perspective, comparing the January average rate of 3.5000 to the December average rate of 3.3695, the exchange rate registered a net change of -3.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.5622 was down 2.09% compared to the 2023 peak of 3.6383, 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 17,811 HKD
2023 Average 17,560 HKD
Yearly Trough Low 16,692 HKD
Transaction Impact: A difference of 1,119.03 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3.5448
3.3535
JanuMarcMayJulySeptNove

FJD to HKD 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 3.4740, compared to 3.4643 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0098 points.

H1 Avg (Jan–Jun) 3.4740
H2 Avg (Jul–Dec) 3.4643

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.1388 HKD (High: 3.5463 / Low: 3.4075). On the other end, February was the most stable month, with a tight range of 0.0587 HKD (High: 3.5005 / Low: 3.4418).

October Spread (Volatile) ±0.1388
February Spread (Stable) ±0.0587

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 0.0633 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0633

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 3.5288) against the same month in 2023 (average: 3.4479), the exchange rate shifted by +0.0809 (+2.35%).

2024 Avg (September) 3.5288
2023 Avg (September) 3.4479

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.5583 3.4489 3.5000
February 3.5005 3.4418 3.4775
March 3.5110 3.4328 3.4748
April 3.4986 3.4164 3.4553
May 3.5057 3.4150 3.4623
June 3.5036 3.4443 3.4743
July 3.5159 3.4460 3.4805
August 3.5435 3.4334 3.4955
September 3.5622 3.4787 3.5288
October 3.5463 3.4075 3.4786
November 3.4734 3.3878 3.4327
December 3.4371 3.3384 3.3695