2023 FJD to JPY Historical Review

YEARLY HIGH

67.2124 JPY

YEARLY LOW

58.7494 JPY

YEARLY AVERAGE

62.9882 JPY

2023 FJD to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FJD to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 67.2124. Conversely, the yearly low was recorded on January 15, dropping to 58.7494.

This high-to-low spread represents a total annual volatility of 8.4630 JPY. From a start-to-finish perspective, comparing the January average rate of 59.7688 to the December average rate of 64.8499, the exchange rate registered a net change of 8.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 67.2124 was up 3.03% compared to the 2022 peak of 65.2335, 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 336,062 JPY

2022 Average 299,881 JPY

Yearly Trough Low 293,747 JPY

Transaction Impact: A difference of 42,314.83 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

66.9560

59.1154

JanuMarcMayJulySeptNove

FJD to JPY 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 61.0394, compared to 64.9370 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.8975 points.

H1 Avg (Jan–Jun) 61.0394

H2 Avg (Jul–Dec) 64.9370

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 2.8721 JPY (High: 64.7910 / Low: 61.9189). On the other end, October was the most stable month, with a tight range of 1.0755 JPY (High: 66.1261 / Low: 65.0506).

June Spread (Volatile) ±2.8721

October Spread (Stable) ±1.0755

Growth Streaks & Declines

Trends

Between March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.4527 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -1.4527

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 66.3026) against the same month in 2022 (average: 63.1798), the exchange rate shifted by +3.1228 (+4.94%).

2023 Avg (November) 66.3026

2022 Avg (November) 63.1798

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	60.5025	58.7494	59.7688
February	61.5064	59.2298	60.7072
March	61.7542	58.9415	60.2297
April	61.3449	59.4832	60.3475
May	62.5481	60.1983	61.6811
June	64.7910	61.9189	63.5023
July	64.9679	62.6021	63.6455
August	64.7880	62.5974	64.1833
September	65.7760	64.6750	65.0856
October	66.1261	65.0506	65.5548
November	67.2124	65.3305	66.3026
December	66.0987	64.1377	64.8499