YEARLY HIGH
40.6579 KGS
YEARLY LOW
38.0336 KGS
YEARLY AVERAGE
39.4026 KGS

2023 FJD to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FJD to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 40.6579. Conversely, the yearly low was recorded on January 5, dropping to 38.0336.

This high-to-low spread represents a total annual volatility of 2.6243 KGS. From a start-to-finish perspective, comparing the January average rate of 39.2977 to the December average rate of 40.2358, the exchange rate registered a net change of 2.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 40.6579 was down 17.43% compared to the 2022 peak of 49.2409, 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 203,289 KGS
2022 Average 192,812 KGS
Yearly Trough Low 190,168 KGS
Transaction Impact: A difference of 13,121.38 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

40.3605
38.8645
JanuMarcMayJulySeptNove

FJD to KGS 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 39.4151, compared to 39.3902 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0248 points.

H1 Avg (Jan–Jun) 39.4151
H2 Avg (Jul–Dec) 39.3902

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 1.9906 KGS (High: 40.0242 / Low: 38.0336). On the other end, February was the most stable month, with a tight range of 0.5445 KGS (High: 39.9353 / Low: 39.3908).

January Spread (Volatile) ±1.9906
February Spread (Stable) ±0.5445

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.5094 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5094

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 40.2358) against the same month in 2022 (average: 38.5613), the exchange rate shifted by +1.6746 (+4.34%).

2023 Avg (December) 40.2358
2022 Avg (December) 38.5613

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 40.0242 38.0336 39.2977
February 39.9353 39.3908 39.6390
March 39.6265 39.0472 39.4140
April 39.8524 39.1203 39.5274
May 39.8076 38.8840 39.3170
June 39.8698 38.5986 39.2952
July 40.3221 38.8891 39.5518
August 39.6114 38.4376 39.0424
September 39.2349 38.5863 38.9891
October 39.3547 38.5912 39.0582
November 39.9592 38.7279 39.4639
December 40.6579 39.8771 40.2358