YEARLY HIGH
0.6501 FJD
YEARLY LOW
0.5784 FJD
YEARLY AVERAGE
0.6080 FJD

2024 ILS to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 0.6501. Conversely, the yearly low was recorded on October 3, dropping to 0.5784.

This high-to-low spread represents a total annual volatility of 0.0717 FJD. From a start-to-finish perspective, comparing the January average rate of 0.6023 to the December average rate of 0.6368, the exchange rate registered a net change of 5.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6501 was up 1.12% compared to the 2023 peak of 0.6429, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,251 FJD
2023 Average 3,028 FJD
Yearly Trough Low 2,892 FJD
Transaction Impact: A difference of 358.35 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6413
0.5874
JanuMarcMayJulySeptNove

ILS 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 0.6090, compared to 0.6070 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.6090
H2 Avg (Jul–Dec) 0.6070

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0370 FJD (High: 0.6154 / Low: 0.5784). On the other end, May was the most stable month, with a tight range of 0.0196 FJD (High: 0.6197 / Low: 0.6001).

October Spread (Volatile) ±0.0370
May Spread (Stable) ±0.0196

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 0.0169 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0169

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.6368) against the same month in 2023 (average: 0.6046), the exchange rate shifted by +0.0322 (+5.32%).

2024 Avg (December) 0.6368
2023 Avg (December) 0.6046

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6155 0.5903 0.6023
February 0.6328 0.6082 0.6173
March 0.6311 0.6097 0.6199
April 0.6137 0.5914 0.6030
May 0.6197 0.6001 0.6095
June 0.6158 0.5943 0.6022
July 0.6201 0.5928 0.6110
August 0.6094 0.5877 0.5995
September 0.6107 0.5803 0.5919
October 0.6154 0.5784 0.5933
November 0.6249 0.5969 0.6093
December 0.6501 0.6222 0.6368