YEARLY HIGH
0.3157 FJD
YEARLY LOW
0.2942 FJD
YEARLY AVERAGE
0.3024 FJD

2016 BOB to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BOB to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.3157. Conversely, the yearly low was recorded on September 10, dropping to 0.2942.

This high-to-low spread represents a total annual volatility of 0.0215 FJD. From a start-to-finish perspective, comparing the January average rate of 0.3118 to the December average rate of 0.3039, the exchange rate registered a net change of -2.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.3157 was down 0.59% compared to the 2015 peak of 0.3176, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,579 FJD
2015 Average 1,513 FJD
Yearly Trough Low 1,471 FJD
Transaction Impact: A difference of 107.48 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.3133
0.2948
JanuMarcMayJulySeptNove

BOB 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 0.3059, compared to 0.2989 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 0.3059
H2 Avg (Jul–Dec) 0.2989

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0111 FJD (High: 0.3085 / Low: 0.2974). On the other end, August was the most stable month, with a tight range of 0.0038 FJD (High: 0.2986 / Low: 0.2948).

May Spread (Volatile) ±0.0111
August Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0056 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.3118) against the same month in 2015 (average: 0.2901), the exchange rate shifted by +0.0217 (+7.49%).

2016 Avg (January) 0.3118
2015 Avg (January) 0.2901

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3157 0.3073 0.3118
February 0.3127 0.3079 0.3097
March 0.3111 0.3028 0.3063
April 0.3040 0.2965 0.3007
May 0.3085 0.2974 0.3047
June 0.3068 0.2988 0.3020
July 0.3016 0.2971 0.2993
August 0.2986 0.2948 0.2964
September 0.2983 0.2942 0.2963
October 0.2996 0.2953 0.2977
November 0.3047 0.2945 0.2999
December 0.3084 0.2991 0.3039