2017 FJD to INR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 FJD to INR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the FJD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 29, valuing the pair at 33.1460. Conversely, the yearly low was recorded on May 13, dropping to 30.3359.
This high-to-low spread represents a total annual volatility of 2.8101 INR. From a start-to-finish perspective, comparing the January average rate of 32.6953 to the December average rate of 31.0982, the exchange rate registered a net change of -4.88% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 33.1460 was up 0.56% compared to the 2016 peak of 32.9622, 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 2017.
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 31.6551, compared to 31.5890 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0661 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was March, with a trading range of 1.2147 INR (High: 32.2754 / Low: 31.0607). On the other end, December was the most stable month, with a tight range of 0.4815 INR (High: 31.3361 / Low: 30.8547).
Growth Streaks & Declines
TrendsBetween May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.8215 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 32.6953) against the same month in 2016 (average: 31.2397), the exchange rate shifted by +1.4556 (+4.66%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 33.1460 | 31.9385 | 32.6953 |
| February | 32.9327 | 32.2040 | 32.5358 |
| March | 32.2754 | 31.0607 | 31.7143 |
| April | 31.1742 | 30.5048 | 30.9689 |
| May | 31.0877 | 30.3359 | 30.7524 |
| June | 31.7297 | 30.7350 | 31.2640 |
| July | 32.1119 | 31.2922 | 31.7275 |
| August | 32.0193 | 31.3528 | 31.7087 |
| September | 32.3890 | 31.5816 | 31.9352 |
| October | 32.3047 | 31.1808 | 31.7717 |
| November | 31.7814 | 30.9249 | 31.2927 |
| December | 31.3361 | 30.8547 | 31.0982 |