YEARLY HIGH
0.5697 FJD
YEARLY LOW
0.4880 FJD
YEARLY AVERAGE
0.5317 FJD

2023 PLN to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.5697. Conversely, the yearly low was recorded on February 13, dropping to 0.4880.

This high-to-low spread represents a total annual volatility of 0.0816 FJD. From a start-to-finish perspective, comparing the January average rate of 0.5025 to the December average rate of 0.5586, the exchange rate registered a net change of 11.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5697 was up 5.02% compared to the 2022 peak of 0.5424, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 11,393 FJD
2022 Average 9,842 FJD
Yearly Trough Low 9,761 FJD
Transaction Impact: A difference of 1,632.38 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5649
0.4886
JanuMarcMayJulySeptNove

PLN 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 0.5167, compared to 0.5466 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0299 points.

H1 Avg (Jan–Jun) 0.5167
H2 Avg (Jul–Dec) 0.5466

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0298 FJD (High: 0.5256 / Low: 0.4958). On the other end, December was the most stable month, with a tight range of 0.0091 FJD (High: 0.5647 / Low: 0.5556).

January Spread (Volatile) ±0.0298
December Spread (Stable) ±0.0091

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0249 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0249

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.5555) against the same month in 2022 (average: 0.4886), the exchange rate shifted by +0.0669 (+13.69%).

2023 Avg (November) 0.5555
2022 Avg (November) 0.4886

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5256 0.4958 0.5025
February 0.5073 0.4880 0.4949
March 0.5145 0.4993 0.5062
April 0.5377 0.5119 0.5231
May 0.5389 0.5268 0.5324
June 0.5522 0.5327 0.5412
July 0.5596 0.5412 0.5519
August 0.5622 0.5462 0.5520
September 0.5454 0.5182 0.5271
October 0.5461 0.5164 0.5345
November 0.5697 0.5422 0.5555
December 0.5647 0.5556 0.5586