2023 FJD to YER Historical Review

YEARLY HIGH

116.3452 YER

YEARLY LOW

108.5481 YER

YEARLY AVERAGE

112.2967 YER

2023 FJD to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FJD to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 116.3452. Conversely, the yearly low was recorded on November 13, dropping to 108.5481.

This high-to-low spread represents a total annual volatility of 7.7971 YER. From a start-to-finish perspective, comparing the January average rate of 114.9386 to the December average rate of 112.9571, the exchange rate registered a net change of -1.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 116.3452 was down 3.20% compared to the 2022 peak of 120.1911, 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 581,726 YER

2022 Average 572,090 YER

Yearly Trough Low 542,741 YER

Transaction Impact: A difference of 38,985.54 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

115.4593

109.2103

JanuMarcMayJulySeptNove

FJD to YER 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 113.3351, compared to 111.2584 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.0767 points.

H1 Avg (Jan–Jun) 113.3351

H2 Avg (Jul–Dec) 111.2584

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 3.9449 YER (High: 112.4930 / Low: 108.5481). On the other end, March was the most stable month, with a tight range of 1.6702 YER (High: 113.4808 / Low: 111.8106).

November Spread (Volatile) ±3.9449

March Spread (Stable) ±1.6702

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 1.9146 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.9146

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 114.9386) against the same month in 2022 (average: 117.4847), the exchange rate shifted by -2.5461 (-2.17%).

2023 Avg (January) 114.9386

2022 Avg (January) 117.4847

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	116.3452	112.6777	114.9386
February	115.5808	112.8059	114.1072
March	113.4808	111.8106	112.8515
April	113.9794	111.8809	113.1138
May	114.1333	111.1407	112.5193
June	113.9333	110.6309	112.4801
July	114.8816	111.1530	112.8703
August	112.8567	109.0161	110.9558
September	110.7364	108.8952	110.2357
October	110.8013	108.9307	109.7311
November	112.4930	108.5481	110.8003
December	114.3079	111.7647	112.9571