YEARLY HIGH
0.0269 FJD
YEARLY LOW
0.0200 FJD
YEARLY AVERAGE
0.0243 FJD

2024 RUB to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RUB to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 19, valuing the pair at 0.0269. Conversely, the yearly low was recorded on November 27, dropping to 0.0200.

This high-to-low spread represents a total annual volatility of 0.0068 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0250 to the December average rate of 0.0222, the exchange rate registered a net change of -11.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0269 was down 18.67% compared to the 2023 peak of 0.0330, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 134 FJD
2023 Average 132 FJD
Yearly Trough Low 100 FJD
Transaction Impact: A difference of 34.07 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0260
0.0219
JanuMarcMayJulySeptNove

RUB 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 0.0248, compared to 0.0238 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) 0.0248
H2 Avg (Jul–Dec) 0.0238

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0034 FJD (High: 0.0235 / Low: 0.0200). On the other end, March was the most stable month, with a tight range of 0.0004 FJD (High: 0.0247 / Low: 0.0243).

November Spread (Volatile) ±0.0034
March Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between April and July, 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 September and October, when the average rate fell by 0.0010 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.0255) against the same month in 2023 (average: 0.0267), the exchange rate shifted by -0.0012 (-4.46%).

2024 Avg (June) 0.0255
2023 Avg (June) 0.0267

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0257 0.0242 0.0250
February 0.0249 0.0236 0.0245
March 0.0247 0.0243 0.0245
April 0.0248 0.0241 0.0244
May 0.0255 0.0241 0.0248
June 0.0269 0.0247 0.0255
July 0.0266 0.0252 0.0257
August 0.0266 0.0240 0.0251
September 0.0255 0.0232 0.0242
October 0.0235 0.0229 0.0232
November 0.0235 0.0200 0.0225
December 0.0232 0.0205 0.0222