YEARLY HIGH
0.0015 FJD
YEARLY LOW
0.0001 FJD
YEARLY AVERAGE
0.0003 FJD

2023 LBP to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0015. Conversely, the yearly low was recorded on February 6, dropping to 0.0001.

This high-to-low spread represents a total annual volatility of 0.0013 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0014 to the December average rate of 0.0001, the exchange rate registered a net change of -89.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0015 was down 5.62% compared to the 2022 peak of 0.0016, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7 FJD
2022 Average 7 FJD
Yearly Trough Low 1 FJD
Transaction Impact: A difference of 6.61 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0016
0.0000
JanuMarcMayJulySeptNove

LBP 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 0.0004, compared to 0.0001 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0004
H2 Avg (Jul–Dec) 0.0001

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0013 FJD (High: 0.0014 / Low: 0.0001). On the other end, October was the most stable month, with a tight range of 0.0000 FJD (High: 0.0002 / Low: 0.0002).

February Spread (Volatile) ±0.0013
October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0011 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0014) against the same month in 2022 (average: 0.0014), the exchange rate shifted by +0.0000 (+1.96%).

2023 Avg (January) 0.0014
2022 Avg (January) 0.0014

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0015 0.0014 0.0014
February 0.0014 0.0001 0.0004
March 0.0001 0.0001 0.0001
April 0.0001 0.0001 0.0001
May 0.0001 0.0001 0.0001
June 0.0001 0.0001 0.0001
July 0.0001 0.0001 0.0001
August 0.0002 0.0001 0.0001
September 0.0002 0.0001 0.0002
October 0.0002 0.0002 0.0002
November 0.0002 0.0001 0.0002
December 0.0001 0.0001 0.0001