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2021 FJD to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the FJD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 21022.5429. Conversely, the yearly low was recorded on December 6, dropping to 19729.3198.
This high-to-low spread represents a total annual volatility of 1293.2231 IRR. From a start-to-finish perspective, comparing the January average rate of 20680.1779 to the December average rate of 19844.5118, the exchange rate registered a net change of -4.04% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 21022.5429 was down 31.37% compared to the 2020 peak of 30630.6528, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FJD based on timing:
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FJD to IRR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: JanâJun) was 20638.7882, compared to 20130.9311 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 507.8571 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was November, with a trading range of 597.4466 IRR (High: 20428.9376 / Low: 19831.4910). On the other end, May was the most stable month, with a tight range of 206.8239 IRR (High: 20795.1599 / Low: 20588.3360).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 281.9086 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2021: 20746.5519) against the same month in 2020 (average: 19122.4085), the exchange rate shifted by +1624.1434 (+8.49%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 20902.6786 | 20572.1405 | 20680.1779 |
| February | 21022.5429 | 20489.3502 | 20746.5519 |
| March | 20879.2026 | 20288.6330 | 20587.1893 |
| April | 20799.2689 | 20309.8696 | 20555.0083 |
| May | 20795.1599 | 20588.3360 | 20727.7203 |
| June | 20761.3225 | 20353.3620 | 20536.0816 |
| July | 20372.6077 | 20161.5219 | 20254.1731 |
| August | 20330.8569 | 19898.1662 | 20150.5965 |
| September | 20389.0341 | 19924.3639 | 20224.8080 |
| October | 20469.4654 | 19898.6205 | 20193.9653 |
| November | 20428.9376 | 19831.4910 | 20117.5320 |
| December | 19961.7528 | 19729.3198 | 19844.5118 |