2023 GMD to FJD Historical Review

YEARLY HIGH

0.0380 FJD

YEARLY LOW

0.0325 FJD

YEARLY AVERAGE

0.0359 FJD

2023 GMD to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 0.0380. Conversely, the yearly low was recorded on December 27, dropping to 0.0325.

This high-to-low spread represents a total annual volatility of 0.0055 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0351 to the December average rate of 0.0329, the exchange rate registered a net change of -6.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0380 was down 9.65% compared to the 2022 peak of 0.0420, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GMD based on timing:

Yearly Peak High 190 FJD

2022 Average 198 FJD

Yearly Trough Low 163 FJD

Transaction Impact: A difference of 27.44 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0379

0.0324

JanuMarcMayJulySeptNove

GMD to FJD 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 0.0363, compared to 0.0354 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0363

H2 Avg (Jul–Dec) 0.0354

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0028 FJD (High: 0.0376 / Low: 0.0348). On the other end, December was the most stable month, with a tight range of 0.0008 FJD (High: 0.0333 / Low: 0.0325).

September Spread (Volatile) ±0.0028

December Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between January and March, 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 September and October, when the average rate fell by 0.0020 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0374) against the same month in 2022 (average: 0.0402), the exchange rate shifted by -0.0028 (-7.01%).

2023 Avg (June) 0.0374

2022 Avg (June) 0.0402

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0359	0.0346	0.0351
February	0.0363	0.0352	0.0359
March	0.0366	0.0355	0.0361
April	0.0371	0.0353	0.0358
May	0.0378	0.0366	0.0372
June	0.0380	0.0370	0.0374
July	0.0378	0.0365	0.0372
August	0.0379	0.0367	0.0372
September	0.0376	0.0348	0.0368
October	0.0357	0.0344	0.0348
November	0.0352	0.0331	0.0338
December	0.0333	0.0325	0.0329