YEARLY HIGH
9576.4260 SLL
YEARLY LOW
7806.2512 SLL
YEARLY AVERAGE
8550.9319 SLL

2023 FJD to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FJD to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 9576.4260. Conversely, the yearly low was recorded on June 4, dropping to 7806.2512.

This high-to-low spread represents a total annual volatility of 1770.1748 SLL. From a start-to-finish perspective, comparing the January average rate of 8110.9585 to the December average rate of 9466.0127, the exchange rate registered a net change of 16.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 9576.4260 was up 18.39% compared to the 2022 peak of 8088.5551, 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 47,882,130 SLL
2022 Average 31,284,197 SLL
Yearly Trough Low 39,031,256 SLL
Transaction Impact: A difference of 8,850,874.03 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

9618.9038
7784.2109
JanuMarcMayJulySeptNove

FJD to SLL 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 7997.7520, compared to 9104.1118 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1106.3598 points.

H1 Avg (Jan–Jun) 7997.7520
H2 Avg (Jul–Dec) 9104.1118

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 1609.8657 SLL (High: 9452.9595 / Low: 7843.0937). On the other end, March was the most stable month, with a tight range of 117.0613 SLL (High: 8007.3433 / Low: 7890.2820).

July Spread (Volatile) ±1609.8657
March Spread (Stable) ±117.0613

Growth Streaks & Declines

Trends

Between June and August, 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 87.4693 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -87.4693

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 9466.0127) against the same month in 2022 (average: 7999.9519), the exchange rate shifted by +1466.0608 (+18.33%).

2023 Avg (December) 9466.0127
2022 Avg (December) 7999.9519

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8208.6431 7952.2639 8110.9585
February 8153.8923 7959.7170 8051.8888
March 8007.3433 7890.2820 7964.4195
April 8044.3544 7896.0308 7981.9017
May 8054.9919 7842.2233 7940.2419
June 8040.8758 7806.2512 7937.1019
July 9452.9595 7843.0937 8156.5177
August 9452.9595 9131.2678 9295.2656
September 9278.7451 9121.1396 9233.7654
October 9280.7984 9122.2903 9191.6248
November 9423.4356 9092.0719 9281.4847
December 9576.4260 9362.4288 9466.0127