2023 FJD to KMF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 FJD to KMF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the FJD to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 212.2068. Conversely, the yearly low was recorded on August 18, dropping to 197.0431.
This high-to-low spread represents a total annual volatility of 15.1636 KMF. From a start-to-finish perspective, comparing the January average rate of 209.8428 to the December average rate of 203.6403, the exchange rate registered a net change of -2.96% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 212.2068 was down 6.37% compared to the 2022 peak of 226.6500, 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 2023.
FJD to KMF 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 206.3589, compared to 202.3208 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.0381 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 8.9847 KMF (High: 207.1694 / Low: 198.1847). On the other end, October was the most stable month, with a tight range of 4.0100 KMF (High: 206.6090 / Low: 202.5990).
Growth Streaks & Declines
TrendsBetween April and June, 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 March and April, when the average rate fell by 4.8382 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 209.8428) against the same month in 2022 (average: 204.0612), the exchange rate shifted by +5.7816 (+2.83%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 212.2068 | 207.1797 | 209.8428 |
| February | 211.9646 | 207.5898 | 209.7251 |
| March | 210.6497 | 204.6484 | 207.6779 |
| April | 205.8094 | 199.6355 | 202.8397 |
| May | 205.6436 | 199.4227 | 203.7139 |
| June | 206.9895 | 199.4032 | 204.3540 |
| July | 203.6832 | 197.4369 | 200.8841 |
| August | 202.7791 | 197.0431 | 200.1105 |
| September | 205.6176 | 200.0571 | 202.9587 |
| October | 206.6090 | 202.5990 | 204.3700 |
| November | 207.1694 | 198.1847 | 201.9609 |
| December | 206.4356 | 201.6620 | 203.6403 |