2023 FJD to KPW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 FJD to KPW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the FJD to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 418.2156. Conversely, the yearly low was recorded on November 13, dropping to 390.2270.
This high-to-low spread represents a total annual volatility of 27.9886 KPW. From a start-to-finish perspective, comparing the January average rate of 413.2388 to the December average rate of 406.2763, the exchange rate registered a net change of -1.68% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 418.2156 was down 3.25% compared to the 2022 peak of 432.2559, 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 KPW 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 407.4711, compared to 400.0329 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.4382 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 14.2220 KPW (High: 404.4489 / Low: 390.2270). On the other end, March was the most stable month, with a tight range of 5.9641 KPW (High: 407.9597 / Low: 401.9957).
Growth Streaks & Declines
TrendsBetween October and December, 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 July and August, when the average rate fell by 6.8606 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 413.2388) against the same month in 2022 (average: 422.5142), the exchange rate shifted by -9.2754 (-2.20%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 418.2156 | 405.1536 | 413.2388 |
| February | 415.4262 | 405.5333 | 410.2293 |
| March | 407.9597 | 401.9957 | 405.7729 |
| April | 409.8454 | 402.2886 | 406.6635 |
| May | 410.3874 | 399.5472 | 404.5411 |
| June | 409.6682 | 397.7145 | 404.3811 |
| July | 412.9956 | 399.5915 | 405.8085 |
| August | 405.7161 | 391.9093 | 398.9479 |
| September | 398.2389 | 391.4746 | 396.3084 |
| October | 398.3270 | 391.5239 | 394.4997 |
| November | 404.4489 | 390.2270 | 398.3565 |
| December | 411.0152 | 401.8306 | 406.2763 |