2024 FJD to MYR Historical Review

YEARLY HIGH

2.1374 MYR

YEARLY LOW

1.8791 MYR

YEARLY AVERAGE

2.0339 MYR

2024 FJD to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 2.1374. Conversely, the yearly low was recorded on September 25, dropping to 1.8791.

This high-to-low spread represents a total annual volatility of 0.2583 MYR. From a start-to-finish perspective, comparing the January average rate of 2.0965 to the December average rate of 1.9336, the exchange rate registered a net change of -7.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.1374 was up 0.65% compared to the 2023 peak of 2.1236, 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 10,687 MYR

2023 Average 10,225 MYR

Yearly Trough Low 9,396 MYR

Transaction Impact: A difference of 1,291.28 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.1388

1.9042

JanuMarcMayJulySeptNove

FJD to MYR 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 2.1000, compared to 1.9679 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1321 points.

H1 Avg (Jan–Jun) 2.1000

H2 Avg (Jul–Dec) 1.9679

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0847 MYR (High: 1.9638 / Low: 1.8791). On the other end, April was the most stable month, with a tight range of 0.0374 MYR (High: 2.1213 / Low: 2.0839).

September Spread (Volatile) ±0.0847

April Spread (Stable) ±0.0374

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1076 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1076

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 2.1192) against the same month in 2023 (average: 1.9896), the exchange rate shifted by +0.1296 (+6.51%).

2024 Avg (February) 2.1192

2023 Avg (February) 1.9896

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1178	2.0629	2.0965
February	2.1374	2.0969	2.1192
March	2.1218	2.0735	2.0955
April	2.1213	2.0839	2.1025
May	2.1134	2.0707	2.0907
June	2.1170	2.0766	2.0954
July	2.1150	2.0381	2.0864
August	2.0203	1.9580	1.9788
September	1.9638	1.8791	1.9290
October	1.9426	1.9002	1.9237
November	1.9750	1.9212	1.9556
December	1.9686	1.9129	1.9336