2023 FJD to THB Historical Review

YEARLY HIGH

16.3218 THB

YEARLY LOW

15.0088 THB

YEARLY AVERAGE

15.5916 THB

2023 FJD to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FJD to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 9, valuing the pair at 16.3218. Conversely, the yearly low was recorded on January 21, dropping to 15.0088.

This high-to-low spread represents a total annual volatility of 1.3131 THB. From a start-to-finish perspective, comparing the January average rate of 15.2457 to the December average rate of 15.7553, the exchange rate registered a net change of 3.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 16.3218 was down 2.34% compared to the 2022 peak of 16.7128, 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 81,609 THB

2022 Average 79,992 THB

Yearly Trough Low 75,044 THB

Transaction Impact: A difference of 6,565.26 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

16.0684

15.1709

JanuMarcMayJulySeptNove

FJD to THB 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 15.4596, compared to 15.7237 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2640 points.

H1 Avg (Jan–Jun) 15.4596

H2 Avg (Jul–Dec) 15.7237

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.7845 THB (High: 15.8961 / Low: 15.1116). On the other end, April was the most stable month, with a tight range of 0.2968 THB (High: 15.5831 / Low: 15.2863).

February Spread (Volatile) ±0.7845

April Spread (Stable) ±0.2968

Growth Streaks & Declines

Trends

Between August and October, 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 October and November, when the average rate fell by 0.3125 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3125

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 15.9936) against the same month in 2022 (average: 16.4357), the exchange rate shifted by -0.4422 (-2.69%).

2023 Avg (October) 15.9936

2022 Avg (October) 16.4357

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.7058	15.0088	15.2457
February	15.8961	15.1116	15.5283
March	15.7361	15.2558	15.5155
April	15.5831	15.2863	15.4422
May	15.5638	15.1519	15.3612
June	15.9271	15.3618	15.6649
July	15.8912	15.3020	15.6117
August	15.7141	15.2103	15.5329
September	16.0734	15.5017	15.7675
October	16.3218	15.7516	15.9936
November	15.8492	15.2164	15.6811
December	15.9574	15.5802	15.7553