2023 SBD to FJD Historical Review

YEARLY HIGH

0.2747 FJD

YEARLY LOW

0.2594 FJD

YEARLY AVERAGE

0.2672 FJD

2023 SBD to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.2747. Conversely, the yearly low was recorded on December 27, dropping to 0.2594.

This high-to-low spread represents a total annual volatility of 0.0152 FJD. From a start-to-finish perspective, comparing the January average rate of 0.2635 to the December average rate of 0.2619, the exchange rate registered a net change of -0.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2747 was down 4.11% compared to the 2022 peak of 0.2865, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,373 FJD

2022 Average 1,345 FJD

Yearly Trough Low 1,297 FJD

Transaction Impact: A difference of 76.25 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2714

0.2611

JanuMarcMayJulySeptNove

SBD 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 0.2668, compared to 0.2676 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.2668

H2 Avg (Jul–Dec) 0.2676

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0120 FJD (High: 0.2746 / Low: 0.2626). On the other end, April was the most stable month, with a tight range of 0.0052 FJD (High: 0.2702 / Low: 0.2650).

November Spread (Volatile) ±0.0120

April Spread (Stable) ±0.0052

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 November and December, when the average rate fell by 0.0059 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.2704) against the same month in 2022 (average: 0.2759), the exchange rate shifted by -0.0055 (-2.00%).

2023 Avg (September) 0.2704

2022 Avg (September) 0.2759

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2683	0.2609	0.2635
February	0.2693	0.2628	0.2665
March	0.2731	0.2677	0.2695
April	0.2702	0.2650	0.2669
May	0.2703	0.2631	0.2672
June	0.2714	0.2636	0.2670
July	0.2684	0.2604	0.2651
August	0.2744	0.2651	0.2696
September	0.2747	0.2686	0.2704
October	0.2742	0.2669	0.2705
November	0.2746	0.2626	0.2678
December	0.2649	0.2594	0.2619