2023 FJD to KES Historical Review

YEARLY HIGH

71.6633 KES

YEARLY LOW

55.5574 KES

YEARLY AVERAGE

62.6837 KES

2023 FJD to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FJD to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 71.6633. Conversely, the yearly low was recorded on January 1, dropping to 55.5574.

This high-to-low spread represents a total annual volatility of 16.1058 KES. From a start-to-finish perspective, comparing the January average rate of 56.9140 to the December average rate of 69.7291, the exchange rate registered a net change of 22.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 71.6633 was up 27.02% compared to the 2022 peak of 56.4175, 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 358,316 KES

2022 Average 269,460 KES

Yearly Trough Low 277,787 KES

Transaction Impact: A difference of 80,529.24 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

71.0106

55.6325

JanuMarcMayJulySeptNove

FJD to KES 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 59.6166, compared to 65.7509 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.1343 points.

H1 Avg (Jan–Jun) 59.6166

H2 Avg (Jul–Dec) 65.7509

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 3.2181 KES (High: 71.6633 / Low: 68.4451). On the other end, September was the most stable month, with a tight range of 1.0036 KES (High: 65.1348 / Low: 64.1312).

December Spread (Volatile) ±3.2181

September Spread (Stable) ±1.0036

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0396 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0396

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 69.7291) against the same month in 2022 (average: 55.7203), the exchange rate shifted by +14.0088 (+25.14%).

2023 Avg (December) 69.7291

2022 Avg (December) 55.7203

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	57.8231	55.5574	56.9140
February	57.8699	56.4993	57.2664
March	59.9412	57.3743	58.4187
April	61.3020	59.8046	60.7115
May	62.3409	60.6257	61.6729
June	63.6806	61.3364	62.7160
July	65.0927	62.0852	63.7595
August	64.4818	62.7926	63.7199
September	65.1348	64.1312	64.6284
October	66.0353	64.4709	65.4229
November	68.6793	65.7053	67.2454
December	71.6633	68.4451	69.7291