2023 FJD to PEN Historical Review

YEARLY HIGH

1.8045 PEN

YEARLY LOW

1.6053 PEN

YEARLY AVERAGE

1.6780 PEN

2023 FJD to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FJD to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 1.8045. Conversely, the yearly low was recorded on July 24, dropping to 1.6053.

This high-to-low spread represents a total annual volatility of 0.1991 PEN. From a start-to-finish perspective, comparing the January average rate of 1.7555 to the December average rate of 1.6865, the exchange rate registered a net change of -3.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.8045 was down 4.00% compared to the 2022 peak of 1.8796, 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 9,022 PEN

2022 Average 8,759 PEN

Yearly Trough Low 8,027 PEN

Transaction Impact: A difference of 995.56 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.7688

1.6092

JanuMarcMayJulySeptNove

FJD to PEN 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 1.6999, compared to 1.6561 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0438 points.

H1 Avg (Jan–Jun) 1.6999

H2 Avg (Jul–Dec) 1.6561

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0964 PEN (High: 1.8045 / Low: 1.7081). On the other end, March was the most stable month, with a tight range of 0.0355 PEN (High: 1.7189 / Low: 1.6833).

January Spread (Volatile) ±0.0964

March Spread (Stable) ±0.0355

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0463 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0463

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.7555) against the same month in 2022 (average: 1.8279), the exchange rate shifted by -0.0723 (-3.96%).

2023 Avg (January) 1.7555

2022 Avg (January) 1.8279

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8045	1.7081	1.7555
February	1.7792	1.7132	1.7493
March	1.7189	1.6833	1.7029
April	1.7188	1.6554	1.6976
May	1.6847	1.6307	1.6558
June	1.6594	1.6061	1.6381
July	1.6417	1.6053	1.6225
August	1.6610	1.6098	1.6363
September	1.6667	1.6245	1.6398
October	1.7002	1.6513	1.6827
November	1.6934	1.6438	1.6688
December	1.7120	1.6686	1.6865