2024 FJD to KES Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 FJD to KES Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the FJD to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 73.0498. Conversely, the yearly low was recorded on December 22, dropping to 55.4955.
This high-to-low spread represents a total annual volatility of 17.5543 KES. From a start-to-finish perspective, comparing the January average rate of 71.5383 to the December average rate of 56.0523, the exchange rate registered a net change of -21.65% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 73.0498 was up 1.93% compared to the 2023 peak of 71.6633, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FJD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 62.3937, compared to 57.4446 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.9490 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 9.3186 KES (High: 72.8922 / Low: 63.5736). On the other end, November was the most stable month, with a tight range of 1.4706 KES (High: 57.7348 / Low: 56.2642).
Growth Streaks & Declines
TrendsBetween July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 6.7292 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 71.5383) against the same month in 2023 (average: 56.9140), the exchange rate shifted by +14.6244 (+25.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 73.0498 | 70.3181 | 71.5383 |
| February | 72.8922 | 63.5736 | 67.8240 |
| March | 65.4730 | 58.0382 | 61.0948 |
| April | 58.8660 | 56.0199 | 57.9358 |
| May | 59.9121 | 56.7063 | 58.3080 |
| June | 58.3981 | 56.8112 | 57.6610 |
| July | 58.5946 | 56.6236 | 57.5083 |
| August | 58.5898 | 57.0342 | 57.9036 |
| September | 59.0930 | 57.4830 | 58.4041 |
| October | 58.8378 | 56.5160 | 57.7696 |
| November | 57.7348 | 56.2642 | 57.0299 |
| December | 57.2006 | 55.4955 | 56.0523 |