2016 FJD to GMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 FJD to GMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the FJD to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 20.9670. Conversely, the yearly low was recorded on January 27, dropping to 18.1050.
This high-to-low spread represents a total annual volatility of 2.8619 GMD. From a start-to-finish perspective, comparing the January average rate of 18.3420 to the December average rate of 20.3558, the exchange rate registered a net change of 10.98% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 20.9670 was down 3.76% compared to the 2015 peak of 21.7864, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FJD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
FJD to GMD 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: Jan–Jun) was 19.6194, compared to 20.6607 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0412 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was March, with a trading range of 2.3123 GMD (High: 20.6802 / Low: 18.3678). On the other end, September was the most stable month, with a tight range of 0.2676 GMD (High: 20.9370 / Low: 20.6694).
Growth Streaks & Declines
TrendsBetween January and April, 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 April and May, when the average rate fell by 0.2843 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2016: 20.8037) against the same month in 2015 (average: 18.6296), the exchange rate shifted by +2.1741 (+11.67%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 18.6013 | 18.1050 | 18.3420 |
| February | 18.6595 | 18.2586 | 18.4895 |
| March | 20.6802 | 18.3678 | 19.3954 |
| April | 20.8062 | 20.4414 | 20.6285 |
| May | 20.7983 | 20.1037 | 20.3442 |
| June | 20.7847 | 20.0400 | 20.5169 |
| July | 20.9533 | 20.5287 | 20.6926 |
| August | 20.9670 | 20.5952 | 20.8037 |
| September | 20.9370 | 20.6694 | 20.7892 |
| October | 20.9318 | 20.5497 | 20.7307 |
| November | 20.9255 | 20.2016 | 20.5920 |
| December | 20.7274 | 19.9963 | 20.3558 |