2023 TWD to FJD Historical Review

YEARLY HIGH

0.0738 FJD

YEARLY LOW

0.0700 FJD

YEARLY AVERAGE

0.0716 FJD

2023 TWD to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 0.0738. Conversely, the yearly low was recorded on August 7, dropping to 0.0700.

This high-to-low spread represents a total annual volatility of 0.0037 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0717 to the December average rate of 0.0710, the exchange rate registered a net change of -0.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0738 was down 5.35% compared to the 2022 peak of 0.0779, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 369 FJD

2022 Average 368 FJD

Yearly Trough Low 350 FJD

Transaction Impact: A difference of 18.66 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0728

0.0705

JanuMarcMayJulySeptNove

TWD 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 0.0723, compared to 0.0709 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0723

H2 Avg (Jul–Dec) 0.0709

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0024 FJD (High: 0.0738 / Low: 0.0713). On the other end, October was the most stable month, with a tight range of 0.0009 FJD (High: 0.0713 / Low: 0.0703).

June Spread (Volatile) ±0.0024

October Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between January and March, 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 June and July, when the average rate fell by 0.0011 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0722) against the same month in 2022 (average: 0.0736), the exchange rate shifted by -0.0013 (-1.80%).

2023 Avg (June) 0.0722

2022 Avg (June) 0.0736

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0725	0.0711	0.0717
February	0.0732	0.0720	0.0725
March	0.0731	0.0722	0.0726
April	0.0731	0.0720	0.0724
May	0.0735	0.0716	0.0725
June	0.0738	0.0713	0.0722
July	0.0721	0.0704	0.0711
August	0.0720	0.0700	0.0709
September	0.0715	0.0704	0.0709
October	0.0713	0.0703	0.0707
November	0.0721	0.0702	0.0708
December	0.0715	0.0705	0.0710