2018 FJD to GMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 FJD to GMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the FJD to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 29, valuing the pair at 24.3521. Conversely, the yearly low was recorded on June 30, dropping to 22.4020.
This high-to-low spread represents a total annual volatility of 1.9501 GMD. From a start-to-finish perspective, comparing the January average rate of 23.7575 to the December average rate of 23.3028, the exchange rate registered a net change of -1.91% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 24.3521 was up 4.12% compared to the 2017 peak of 23.3874, 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 2018.
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 23.1741, compared to 23.0258 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1483 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was January, with a trading range of 1.2116 GMD (High: 24.3521 / Low: 23.1404). On the other end, May was the most stable month, with a tight range of 0.3212 GMD (High: 22.8627 / Low: 22.5415).
Growth Streaks & Declines
TrendsBetween May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.4593 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2018: 23.7575) against the same month in 2017 (average: 20.9123), the exchange rate shifted by +2.8451 (+13.61%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.3521 | 23.1404 | 23.7575 |
| February | 24.0459 | 23.1985 | 23.4545 |
| March | 23.5247 | 23.1492 | 23.3041 |
| April | 23.4306 | 22.7624 | 23.1414 |
| May | 22.8627 | 22.5415 | 22.6821 |
| June | 23.0000 | 22.4020 | 22.7050 |
| July | 23.0799 | 22.4052 | 22.7407 |
| August | 23.0631 | 22.5344 | 22.7943 |
| September | 23.1696 | 22.4846 | 22.8458 |
| October | 23.2223 | 22.8934 | 23.0707 |
| November | 23.7184 | 22.9216 | 23.4006 |
| December | 23.6108 | 23.0188 | 23.3028 |