1944fps is close to what I have seen with an 8" 7.62x39 ar @ 2025 fps with wolf.
Many of the hollow point, soft point and polymer tipped projectiles have a minimum expansion velocity between 1600 fps and 1800 fps.
At a muzzle velocity of 2000 fps (nice round number), and a G1 BC of .270 (based on m43). 1800 fps is reached @ ~70 yds and 1600 fps is reached @ ~150 yds.
Most FMJ in 7.62x39 tumbles and can exhibit tumbling below velocities of 1600 fps. You would need to select a particular round to determine if tumble based wounds are appropriate for your need.
Additionally, there are several .308" diameter bullets with much lower expansion velocity thresholds, designed for use in 300blk. Most 7.62x39 barrels are between .309" and .312" and as a result .308" may or may not be suitable for your particular barrel, but that is something you will need to decide.
Personally I would not have an issue with a 7.75" barreled 7.62x39 out to 150 yards.