2023 JPY to FJD Historical Review

YEARLY HIGH

0.0170 FJD

YEARLY LOW

0.0149 FJD

YEARLY AVERAGE

0.0159 FJD

2023 JPY to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.0170. Conversely, the yearly low was recorded on November 15, dropping to 0.0149.

This high-to-low spread represents a total annual volatility of 0.0021 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0167 to the December average rate of 0.0154, the exchange rate registered a net change of -7.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0170 was down 9.49% compared to the 2022 peak of 0.0188, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 8,511 FJD

2022 Average 8,364 FJD

Yearly Trough Low 7,439 FJD

Transaction Impact: A difference of 1,071.62 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0169

0.0149

JanuMarcMayJulySeptNove

JPY 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 0.0164, compared to 0.0154 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0164

H2 Avg (Jul–Dec) 0.0154

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0008 FJD (High: 0.0170 / Low: 0.0162). On the other end, October was the most stable month, with a tight range of 0.0003 FJD (High: 0.0154 / Low: 0.0151).

March Spread (Volatile) ±0.0008

October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0005 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0167) against the same month in 2022 (average: 0.0185), the exchange rate shifted by -0.0018 (-9.79%).

2023 Avg (January) 0.0167

2022 Avg (January) 0.0185

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0170	0.0165	0.0167
February	0.0169	0.0163	0.0165
March	0.0170	0.0162	0.0166
April	0.0168	0.0163	0.0166
May	0.0166	0.0160	0.0162
June	0.0162	0.0154	0.0158
July	0.0160	0.0154	0.0157
August	0.0160	0.0154	0.0156
September	0.0155	0.0152	0.0154
October	0.0154	0.0151	0.0153
November	0.0153	0.0149	0.0151
December	0.0156	0.0151	0.0154