2023 LRD to FJD Historical Review

YEARLY HIGH

0.0144 FJD

YEARLY LOW

0.0116 FJD

YEARLY AVERAGE

0.0128 FJD

2023 LRD to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.0144. Conversely, the yearly low was recorded on December 27, dropping to 0.0116.

This high-to-low spread represents a total annual volatility of 0.0028 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0140 to the December average rate of 0.0118, the exchange rate registered a net change of -16.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0144 was down 5.10% compared to the 2022 peak of 0.0152, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 72 FJD

2022 Average 72 FJD

Yearly Trough Low 58 FJD

Transaction Impact: A difference of 14.06 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0142

0.0115

JanuMarcMayJulySeptNove

LRD 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 0.0136, compared to 0.0121 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0136

H2 Avg (Jul–Dec) 0.0121

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0010 FJD (High: 0.0134 / Low: 0.0124). On the other end, September was the most stable month, with a tight range of 0.0002 FJD (High: 0.0123 / Low: 0.0121).

June Spread (Volatile) ±0.0010

September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between July and October, 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 June and July, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0140) against the same month in 2022 (average: 0.0139), the exchange rate shifted by +0.0001 (+0.92%).

2023 Avg (February) 0.0140

2022 Avg (February) 0.0139

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0144	0.0137	0.0140
February	0.0144	0.0138	0.0140
March	0.0144	0.0136	0.0139
April	0.0137	0.0135	0.0136
May	0.0135	0.0132	0.0133
June	0.0134	0.0124	0.0128
July	0.0124	0.0119	0.0121
August	0.0123	0.0119	0.0121
September	0.0123	0.0121	0.0122
October	0.0123	0.0121	0.0122
November	0.0123	0.0118	0.0120
December	0.0119	0.0116	0.0118