2023 FJD to SYP Historical Review

YEARLY HIGH

1167.5325 SYP

YEARLY LOW

1089.3967 SYP

YEARLY AVERAGE

1127.1544 SYP

2023 FJD to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FJD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 1167.5325. Conversely, the yearly low was recorded on November 13, dropping to 1089.3967.

This high-to-low spread represents a total annual volatility of 78.1359 SYP. From a start-to-finish perspective, comparing the January average rate of 1153.6386 to the December average rate of 1134.2016, the exchange rate registered a net change of -1.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1167.5325 was down 3.23% compared to the 2022 peak of 1206.4742, 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 5,837,663 SYP

2022 Average 5,743,299 SYP

Yearly Trough Low 5,446,983 SYP

Transaction Impact: A difference of 390,679.31 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1158.8700

1096.0936

JanuMarcMayJulySeptNove

FJD to SYP 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 1137.5370, compared to 1116.7718 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 20.7652 points.

H1 Avg (Jan–Jun) 1137.5370

H2 Avg (Jul–Dec) 1116.7718

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 39.7034 SYP (High: 1129.1001 / Low: 1089.3967). On the other end, March was the most stable month, with a tight range of 16.6499 SYP (High: 1138.9012 / Low: 1122.2514).

November Spread (Volatile) ±39.7034

March Spread (Stable) ±16.6499

Growth Streaks & Declines

Trends

Between 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 19.1526 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -19.1526

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1153.6386) against the same month in 2022 (average: 1179.3522), the exchange rate shifted by -25.7136 (-2.18%).

2023 Avg (January) 1153.6386

2022 Avg (January) 1179.3522

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1167.5325	1131.0672	1153.6386
February	1159.7452	1132.1272	1145.2370
March	1138.9012	1122.2514	1132.7961
April	1144.1654	1123.0690	1135.2826
May	1145.6784	1115.4159	1129.3573
June	1143.6706	1110.2995	1128.9107
July	1152.9598	1115.5397	1132.8956
August	1132.6376	1094.0931	1113.7430
September	1111.7635	1092.8795	1106.3741
October	1112.0096	1093.0174	1101.3249
November	1129.1001	1089.3967	1112.0918
December	1147.4312	1121.7904	1134.2016