YEARLY HIGH
32.9622 INR
YEARLY LOW
30.8626 INR
YEARLY AVERAGE
32.2120 INR

2016 FJD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the FJD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 25, valuing the pair at 32.9622. Conversely, the yearly low was recorded on January 13, dropping to 30.8626.

This high-to-low spread represents a total annual volatility of 2.0995 INR. From a start-to-finish perspective, comparing the January average rate of 31.2397 to the December average rate of 32.2421, the exchange rate registered a net change of 3.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 32.9622 was up 3.33% compared to the 2015 peak of 31.9005, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 164,811 INR
2015 Average 153,478 INR
Yearly Trough Low 154,313 INR
Transaction Impact: A difference of 10,497.66 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

32.7873
31.0990
JanuMarcMayJulySeptNove

FJD to INR 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 31.9145, compared to 32.5095 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5950 points.

H1 Avg (Jan–Jun) 31.9145
H2 Avg (Jul–Dec) 32.5095

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 1.2666 INR (High: 32.9622 / Low: 31.6955). On the other end, September was the most stable month, with a tight range of 0.3734 INR (High: 32.7579 / Low: 32.3845).

June Spread (Volatile) ±1.2666
September Spread (Stable) ±0.3734

Growth Streaks & Declines

Trends

Between May and August, 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 November and December, when the average rate fell by 0.3848 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3848

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 32.3317) against the same month in 2015 (average: 30.8333), the exchange rate shifted by +1.4983 (+4.86%).

2016 Avg (June) 32.3317
2015 Avg (June) 30.8333

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 31.5555 30.8626 31.2397
February 32.4030 31.4189 31.9767
March 32.1705 31.7106 31.9470
April 32.4493 31.8657 32.1387
May 32.2804 31.6043 31.8530
June 32.9622 31.6955 32.3317
July 32.8031 32.3012 32.5520
August 32.8998 32.3377 32.6466
September 32.7579 32.3845 32.5707
October 32.6199 32.1254 32.4187
November 32.8639 32.3047 32.6269
December 32.6677 31.7346 32.2421