2023 FJD to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 FJD to LRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the FJD to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 86.0620. Conversely, the yearly low was recorded on February 26, dropping to 69.2903.
This high-to-low spread represents a total annual volatility of 16.7718 LRD. From a start-to-finish perspective, comparing the January average rate of 71.3440 to the December average rate of 84.9708, the exchange rate registered a net change of 19.10% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 86.0620 was up 17.10% compared to the 2022 peak of 73.4916, 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 LRD 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 73.6327, compared to 82.9162 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.2835 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 5.9429 LRD (High: 80.8457 / Low: 74.9029). On the other end, September was the most stable month, with a tight range of 1.2981 LRD (High: 82.4856 / Low: 81.1875).
Growth Streaks & Declines
TrendsBetween February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.5309 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 84.9708) against the same month in 2022 (average: 69.8330), the exchange rate shifted by +15.1378 (+21.68%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 72.8240 | 69.5514 | 71.3440 |
| February | 72.4226 | 69.2903 | 71.3194 |
| March | 73.5461 | 69.3215 | 71.9047 |
| April | 74.3164 | 72.9707 | 73.7042 |
| May | 75.9217 | 74.0592 | 75.0558 |
| June | 80.8457 | 74.9029 | 78.4682 |
| July | 84.2970 | 80.5261 | 82.8390 |
| August | 84.1636 | 81.1034 | 82.5873 |
| September | 82.4856 | 81.1875 | 82.0564 |
| October | 82.6750 | 81.2195 | 81.9169 |
| November | 84.5074 | 81.4057 | 83.1272 |
| December | 86.0620 | 83.9937 | 84.9708 |