YEARLY HIGH
114.6588 YER
YEARLY LOW
107.3804 YER
YEARLY AVERAGE
111.2725 YER

2024 FJD to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 114.6588. Conversely, the yearly low was recorded on December 31, dropping to 107.3804.

This high-to-low spread represents a total annual volatility of 7.2784 YER. From a start-to-finish perspective, comparing the January average rate of 112.0949 to the December average rate of 108.3920, the exchange rate registered a net change of -3.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 114.6588 was down 1.45% compared to the 2023 peak of 116.3452, 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 573,294 YER
2023 Average 561,444 YER
Yearly Trough Low 536,902 YER
Transaction Impact: A difference of 36,392.08 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

113.8811
107.8929
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 111.2237, compared to 111.3213 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0976 points.

H1 Avg (Jan–Jun) 111.2237
H2 Avg (Jul–Dec) 111.3213

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 4.4574 YER (High: 114.2202 / Low: 109.7628). On the other end, June was the most stable month, with a tight range of 1.8831 YER (High: 112.3301 / Low: 110.4470).

October Spread (Volatile) ±4.4574
June Spread (Stable) ±1.8831

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.8779 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.8779

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 113.3821) against the same month in 2023 (average: 110.2357), the exchange rate shifted by +3.1464 (+2.85%).

2024 Avg (September) 113.3821
2023 Avg (September) 110.2357

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 114.0026 110.4494 112.0949
February 112.0034 109.9536 111.2822
March 112.3861 109.8969 111.1956
April 111.8645 109.1839 110.4727
May 112.3553 109.2826 110.9240
June 112.3301 110.4470 111.3727
July 112.7297 110.4250 111.5698
August 113.6936 110.3229 112.2310
September 114.6588 111.6761 113.3821
October 114.2202 109.7628 112.0829
November 111.6187 108.7907 110.2698
December 110.5983 107.3804 108.3920