YEARLY HIGH
1312.1136 CDF
YEARLY LOW
1189.7840 CDF
YEARLY AVERAGE
1251.6128 CDF

2024 FJD to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 1312.1136. Conversely, the yearly low was recorded on January 20, dropping to 1189.7840.

This high-to-low spread represents a total annual volatility of 122.3296 CDF. From a start-to-finish perspective, comparing the January average rate of 1218.7441 to the December average rate of 1237.1446, the exchange rate registered a net change of 1.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1312.1136 was up 3.33% compared to the 2023 peak of 1269.8118, 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 6,560,568 CDF
2023 Average 5,237,534 CDF
Yearly Trough Low 5,948,920 CDF
Transaction Impact: A difference of 611,648.09 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1297.2264
1211.6093
JanuMarcMayJulySeptNove

FJD to CDF 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 1234.4968, compared to 1268.7288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 34.2320 points.

H1 Avg (Jan–Jun) 1234.4968
H2 Avg (Jul–Dec) 1268.7288

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 57.4714 CDF (High: 1247.2554 / Low: 1189.7840). On the other end, February was the most stable month, with a tight range of 22.6908 CDF (High: 1237.0258 / Low: 1214.3349).

January Spread (Volatile) ±57.4714
February Spread (Stable) ±22.6908

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 25.0593 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -25.0593

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 1290.0916) against the same month in 2023 (average: 1093.6856), the exchange rate shifted by +196.4061 (+17.96%).

2024 Avg (September) 1290.0916
2023 Avg (September) 1093.6856

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1247.2554 1189.7840 1218.7441
February 1237.0258 1214.3349 1225.4616
March 1245.1917 1215.7657 1232.1513
April 1255.3131 1218.1413 1231.7483
May 1258.8637 1219.1504 1239.1399
June 1274.0178 1236.6629 1259.7356
July 1291.2014 1250.7749 1267.3775
August 1294.4972 1258.0388 1277.1811
September 1312.1136 1269.0978 1290.0916
October 1302.4252 1259.7342 1278.3741
November 1284.5105 1244.4555 1262.2040
December 1264.0296 1222.9281 1237.1446