YEARLY HIGH
3.9194 SBD
YEARLY LOW
3.6031 SBD
YEARLY AVERAGE
3.7450 SBD

2024 FJD to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 3.9194. Conversely, the yearly low was recorded on December 31, dropping to 3.6031.

This high-to-low spread represents a total annual volatility of 0.3163 SBD. From a start-to-finish perspective, comparing the January average rate of 3.7705 to the December average rate of 3.6319, the exchange rate registered a net change of -3.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.9194 was up 1.68% compared to the 2023 peak of 3.8545, 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 19,597 SBD
2023 Average 18,718 SBD
Yearly Trough Low 18,016 SBD
Transaction Impact: A difference of 1,581.43 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3.8182
3.6150
JanuMarcMayJulySeptNove

FJD to SBD 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 3.7592, compared to 3.7307 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0285 points.

H1 Avg (Jan–Jun) 3.7592
H2 Avg (Jul–Dec) 3.7307

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.2089 SBD (High: 3.9194 / Low: 3.7105). On the other end, June was the most stable month, with a tight range of 0.0766 SBD (High: 3.7990 / Low: 3.7225).

March Spread (Volatile) ±0.2089
June Spread (Stable) ±0.0766

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0583 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0583

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 3.7601) against the same month in 2023 (average: 3.7103), the exchange rate shifted by +0.0498 (+1.34%).

2024 Avg (March) 3.7601
2023 Avg (March) 3.7103

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.8387 3.6852 3.7705
February 3.8030 3.7264 3.7583
March 3.9194 3.7105 3.7601
April 3.7930 3.6986 3.7412
May 3.8216 3.7028 3.7611
June 3.7990 3.7225 3.7640
July 3.8002 3.7190 3.7656
August 3.8647 3.7404 3.8012
September 3.8412 3.7321 3.7775
October 3.7838 3.6541 3.7192
November 3.7265 3.6371 3.6889
December 3.6998 3.6031 3.6319