YEARLY HIGH
10605.9435 STD
YEARLY LOW
9661.0662 STD
YEARLY AVERAGE
10136.4054 STD

2023 FJD to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FJD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 10605.9435. Conversely, the yearly low was recorded on November 13, dropping to 9661.0662.

This high-to-low spread represents a total annual volatility of 944.8774 STD. From a start-to-finish perspective, comparing the January average rate of 10479.7305 to the December average rate of 10058.4088, the exchange rate registered a net change of -4.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 10605.9435 was down 1.51% compared to the 2022 peak of 10768.0060, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 53,029,718 STD
2022 Average 50,652,041 STD
Yearly Trough Low 48,305,331 STD
Transaction Impact: A difference of 4,724,386.78 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10551.0186
9695.5611
JanuMarcMayJulySeptNove

FJD to STD 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 10333.4626, compared to 9939.3482 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 394.1143 points.

H1 Avg (Jan–Jun) 10333.4626
H2 Avg (Jul–Dec) 9939.3482

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 511.6558 STD (High: 10473.5639 / Low: 9961.9082). On the other end, March was the most stable month, with a tight range of 151.2486 STD (High: 10345.8549 / Low: 10194.6063).

July Spread (Volatile) ±511.6558
March Spread (Stable) ±151.2486

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 382.9197 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -382.9197

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 10479.7305) against the same month in 2022 (average: 9928.9057), the exchange rate shifted by +550.8248 (+5.55%).

2023 Avg (January) 10479.7305
2022 Avg (January) 9928.9057

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10605.9435 10274.6898 10479.7305
February 10535.2030 10284.3196 10403.4097
March 10345.8549 10194.6063 10290.3954
April 10393.6749 10202.0340 10312.9833
May 10407.4191 10132.5123 10259.1568
June 10389.1804 10086.0347 10255.0999
July 10473.5639 9961.9082 10259.8957
August 10044.5386 9702.7151 9876.9760
September 9859.4217 9691.9530 9811.6271
October 9861.6035 9693.1757 9766.8492
November 10013.1671 9661.0662 9862.3327
December 10175.7318 9948.3424 10058.4088