2016 FJD to INR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
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.
Comparing the value generated converting 5,000 FJD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |