YEARLY HIGH
1.7275 PEN
YEARLY LOW
1.6007 PEN
YEARLY AVERAGE
1.6686 PEN

2024 FJD to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 1.7275. Conversely, the yearly low was recorded on December 22, dropping to 1.6007.

This high-to-low spread represents a total annual volatility of 0.1269 PEN. From a start-to-finish perspective, comparing the January average rate of 1.6707 to the December average rate of 1.6175, the exchange rate registered a net change of -3.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.7275 was down 4.26% compared to the 2023 peak of 1.8045, 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 8,638 PEN
2023 Average 8,388 PEN
Yearly Trough Low 8,003 PEN
Transaction Impact: A difference of 634.28 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.7162
1.6085
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 1.6665, compared to 1.6707 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 1.6665
H2 Avg (Jul–Dec) 1.6707

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0693 PEN (High: 1.6857 / Low: 1.6164). On the other end, November was the most stable month, with a tight range of 0.0341 PEN (High: 1.6853 / Low: 1.6512).

March Spread (Volatile) ±0.0693
November Spread (Stable) ±0.0341

Growth Streaks & Declines

Trends

Between 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 February and March, when the average rate fell by 0.0523 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0523

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 1.7072) against the same month in 2023 (average: 1.6398), the exchange rate shifted by +0.0675 (+4.11%).

2024 Avg (September) 1.7072
2023 Avg (September) 1.6398

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7065 1.6506 1.6707
February 1.7253 1.6625 1.7023
March 1.6857 1.6164 1.6500
April 1.6645 1.6116 1.6395
May 1.6801 1.6239 1.6539
June 1.7134 1.6512 1.6828
July 1.7043 1.6528 1.6773
August 1.7024 1.6446 1.6745
September 1.7275 1.6805 1.7072
October 1.6940 1.6520 1.6793
November 1.6853 1.6512 1.6682
December 1.6527 1.6007 1.6175