YEARLY HIGH
11.3910 HNL
YEARLY LOW
10.7745 HNL
YEARLY AVERAGE
11.0521 HNL

2024 FJD to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 11.3910. Conversely, the yearly low was recorded on April 23, dropping to 10.7745.

This high-to-low spread represents a total annual volatility of 0.6165 HNL. From a start-to-finish perspective, comparing the January average rate of 11.0542 to the December average rate of 10.9878, the exchange rate registered a net change of -0.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 11.3910 was down 0.73% compared to the 2023 peak of 11.4751, 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 56,955 HNL
2023 Average 55,314 HNL
Yearly Trough Low 53,873 HNL
Transaction Impact: A difference of 3,082.36 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11.2835
10.8654
JanuMarcMayJulySeptNove

FJD to HNL 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 10.9863, compared to 11.1179 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1316 points.

H1 Avg (Jan–Jun) 10.9863
H2 Avg (Jul–Dec) 11.1179

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.4028 HNL (High: 11.2881 / Low: 10.8853). On the other end, June was the most stable month, with a tight range of 0.2188 HNL (High: 11.1413 / Low: 10.9224).

August Spread (Volatile) ±0.4028
June Spread (Stable) ±0.2188

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 0.1283 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1283

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 11.2487) against the same month in 2023 (average: 10.9082), the exchange rate shifted by +0.3404 (+3.12%).

2024 Avg (September) 11.2487
2023 Avg (September) 10.9082

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.2727 10.8964 11.0542
February 11.1064 10.8353 10.9909
March 11.1188 10.8177 10.9796
April 11.0401 10.7745 10.9003
May 11.1183 10.8126 10.9646
June 11.1413 10.9224 11.0283
July 11.1530 10.9193 11.0395
August 11.2881 10.8853 11.1134
September 11.3910 11.0782 11.2487
October 11.3531 10.9997 11.2021
November 11.3360 10.9670 11.1161
December 11.1492 10.9117 10.9878