2023 FJD to TWD Historical Review

YEARLY HIGH

14.2817 TWD

YEARLY LOW

13.5590 TWD

YEARLY AVERAGE

13.9670 TWD

2023 FJD to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FJD to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 7, valuing the pair at 14.2817. Conversely, the yearly low was recorded on June 4, dropping to 13.5590.

This high-to-low spread represents a total annual volatility of 0.7227 TWD. From a start-to-finish perspective, comparing the January average rate of 13.9538 to the December average rate of 14.0896, the exchange rate registered a net change of 0.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 14.2817 was up 0.93% compared to the 2022 peak of 14.1497, 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 71,408 TWD

2022 Average 68,008 TWD

Yearly Trough Low 67,795 TWD

Transaction Impact: A difference of 3,613.44 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

14.1882

13.7370

JanuMarcMayJulySeptNove

FJD to TWD 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 13.8301, compared to 14.1039 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2738 points.

H1 Avg (Jan–Jun) 13.8301

H2 Avg (Jul–Dec) 14.1039

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.4587 TWD (High: 14.0177 / Low: 13.5590). On the other end, October was the most stable month, with a tight range of 0.1810 TWD (High: 14.2149 / Low: 14.0340).

June Spread (Volatile) ±0.4587

October Spread (Stable) ±0.1810

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.1553 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1553

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 14.1038) against the same month in 2022 (average: 13.6867), the exchange rate shifted by +0.4171 (+3.05%).

2023 Avg (August) 14.1038

2022 Avg (August) 13.6867

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.0625	13.7949	13.9538
February	13.8968	13.6679	13.7985
March	13.8580	13.6748	13.7746
April	13.8852	13.6864	13.8081
May	13.9666	13.5970	13.8005
June	14.0177	13.5590	13.8451
July	14.2093	13.8613	14.0622
August	14.2817	13.8958	14.1038
September	14.2126	13.9782	14.1015
October	14.2149	14.0340	14.1506
November	14.2526	13.8712	14.1160
December	14.1900	13.9792	14.0896