2023 FJD to SOS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 FJD to SOS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the FJD to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 264.5822. Conversely, the yearly low was recorded on August 18, dropping to 247.5560.
This high-to-low spread represents a total annual volatility of 17.0262 SOS. From a start-to-finish perspective, comparing the January average rate of 261.1206 to the December average rate of 258.0938, the exchange rate registered a net change of -1.16% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 264.5822 was down 5.81% compared to the 2022 peak of 280.9056, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FJD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
FJD to SOS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 257.3649, compared to 253.4448 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.9201 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 9.5310 SOS (High: 263.9204 / Low: 254.3895). On the other end, September was the most stable month, with a tight range of 4.0107 SOS (High: 252.4113 / Low: 248.4007).
Growth Streaks & Declines
TrendsBetween October and December, 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 July and August, when the average rate fell by 4.1357 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 261.1206) against the same month in 2022 (average: 273.0818), the exchange rate shifted by -11.9613 (-4.38%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 264.5822 | 256.0981 | 261.1206 |
| February | 263.9204 | 254.3895 | 259.2043 |
| March | 257.9045 | 252.8504 | 256.0863 |
| April | 259.1165 | 253.3350 | 256.6874 |
| May | 259.2475 | 252.3648 | 255.5689 |
| June | 259.0621 | 251.6775 | 255.5220 |
| July | 261.1766 | 251.6996 | 256.4488 |
| August | 256.7782 | 247.5560 | 252.3131 |
| September | 252.4113 | 248.4007 | 251.0474 |
| October | 252.6900 | 248.5854 | 250.2377 |
| November | 256.8251 | 247.8348 | 252.5278 |
| December | 260.8839 | 255.1576 | 258.0938 |