YEARLY HIGH
40.5865 KGS
YEARLY LOW
37.1568 KGS
YEARLY AVERAGE
38.7379 KGS

2024 FJD to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 40.5865. Conversely, the yearly low was recorded on August 1, dropping to 37.1568.

This high-to-low spread represents a total annual volatility of 3.4297 KGS. From a start-to-finish perspective, comparing the January average rate of 39.9647 to the December average rate of 37.6694, the exchange rate registered a net change of -5.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 40.5865 was down 0.18% compared to the 2023 peak of 40.6579, 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 202,932 KGS
2023 Average 197,008 KGS
Yearly Trough Low 185,784 KGS
Transaction Impact: A difference of 17,148.64 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

40.1943
37.4399
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 39.4355, compared to 38.0403 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3951 points.

H1 Avg (Jan–Jun) 39.4355
H2 Avg (Jul–Dec) 38.0403

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 1.6411 KGS (High: 38.7979 / Low: 37.1568). On the other end, February was the most stable month, with a tight range of 0.6887 KGS (High: 40.0098 / Low: 39.3211).

August Spread (Volatile) ±1.6411
February Spread (Stable) ±0.6887

Growth Streaks & Declines

Trends

Between 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 June and July, when the average rate fell by 0.8418 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.8418

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 39.9647) against the same month in 2023 (average: 39.2977), the exchange rate shifted by +0.6671 (+1.70%).

2024 Avg (January) 39.9647
2023 Avg (January) 39.2977

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 40.5865 39.4006 39.9647
February 40.0098 39.3211 39.7541
March 40.1611 39.2846 39.7381
April 39.8177 38.7461 39.2979
May 39.6579 38.7114 39.1161
June 39.2459 38.1316 38.7418
July 38.5841 37.1650 37.9000
August 38.7979 37.1568 38.1843
September 38.5725 37.7418 38.1958
October 38.4996 37.6217 38.1953
November 38.5131 37.6529 38.0972
December 38.3384 37.3896 37.6694