YEARLY HIGH
34.6787 INR
YEARLY LOW
30.7765 INR
YEARLY AVERAGE
32.8296 INR

2018 FJD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the FJD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 9, valuing the pair at 34.6787. Conversely, the yearly low was recorded on January 6, dropping to 30.7765.

This high-to-low spread represents a total annual volatility of 3.9022 INR. From a start-to-finish perspective, comparing the January average rate of 31.4994 to the December average rate of 33.3267, the exchange rate registered a net change of 5.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 34.6787 was up 4.62% compared to the 2017 peak of 33.1460, 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 173,394 INR
2017 Average 158,087 INR
Yearly Trough Low 153,883 INR
Transaction Impact: A difference of 19,510.95 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

34.6180
31.2159
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 32.1219, compared to 33.5373 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4153 points.

H1 Avg (Jan–Jun) 32.1219
H2 Avg (Jul–Dec) 33.5373

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 1.8079 INR (High: 34.3009 / Low: 32.4930). On the other end, March was the most stable month, with a tight range of 0.4971 INR (High: 32.3062 / Low: 31.8091).

December Spread (Volatile) ±1.8079
March Spread (Stable) ±0.4971

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.6002 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.6002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 34.3345) against the same month in 2017 (average: 31.7717), the exchange rate shifted by +2.5628 (+8.07%).

2018 Avg (October) 34.3345
2017 Avg (October) 31.7717

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 31.9980 30.7765 31.4994
February 32.2247 31.5778 31.9324
March 32.3062 31.8091 32.0353
April 32.5572 31.7433 32.1798
May 33.0967 31.8804 32.4736
June 32.9064 32.2073 32.6111
July 33.0909 32.4394 32.7387
August 33.6692 32.5103 32.9521
September 34.4039 33.5844 33.9447
October 34.6787 33.9326 34.3345
November 34.4998 33.0650 33.9269
December 34.3009 32.4930 33.3267