2024 FJD to SGD Historical Review

YEARLY HIGH

0.6062 SGD

YEARLY LOW

0.5797 SGD

YEARLY AVERAGE

0.5941 SGD

2024 FJD to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 3, valuing the pair at 0.6062. Conversely, the yearly low was recorded on December 10, dropping to 0.5797.

This high-to-low spread represents a total annual volatility of 0.0265 SGD. From a start-to-finish perspective, comparing the January average rate of 0.5981 to the December average rate of 0.5856, the exchange rate registered a net change of -2.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6062 was down 0.92% compared to the 2023 peak of 0.6119, 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 3,031 SGD

2023 Average 3,012 SGD

Yearly Trough Low 2,898 SGD

Transaction Impact: A difference of 132.69 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6032

0.5840

JanuMarcMayJulySeptNove

FJD to SGD 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 0.5985, compared to 0.5897 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0088 points.

H1 Avg (Jan–Jun) 0.5985

H2 Avg (Jul–Dec) 0.5897

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0136 SGD (High: 0.5935 / Low: 0.5799). On the other end, March was the most stable month, with a tight range of 0.0086 SGD (High: 0.5990 / Low: 0.5903).

November Spread (Volatile) ±0.0136

March Spread (Stable) ±0.0086

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 0.0100 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.5997) against the same month in 2023 (average: 0.6019), the exchange rate shifted by -0.0022 (-0.36%).

2024 Avg (July) 0.5997

2023 Avg (July) 0.6019

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6028	0.5918	0.5981
February	0.6015	0.5918	0.5980
March	0.5990	0.5903	0.5957
April	0.6023	0.5935	0.5989
May	0.6052	0.5939	0.5987
June	0.6060	0.5956	0.6016
July	0.6062	0.5928	0.5997
August	0.5923	0.5834	0.5897
September	0.5919	0.5802	0.5868
October	0.5896	0.5804	0.5868
November	0.5935	0.5799	0.5896
December	0.5924	0.5797	0.5856