YEARLY HIGH
36.9901 INR
YEARLY LOW
34.9094 INR
YEARLY AVERAGE
35.7404 INR

2021 FJD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FJD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 36.9901. Conversely, the yearly low was recorded on March 27, dropping to 34.9094.

This high-to-low spread represents a total annual volatility of 2.0807 INR. From a start-to-finish perspective, comparing the January average rate of 35.9058 to the December average rate of 35.4094, the exchange rate registered a net change of -1.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 36.9901 was up 2.29% compared to the 2020 peak of 36.1604, 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 184,950 INR
2020 Average 171,071 INR
Yearly Trough Low 174,547 INR
Transaction Impact: A difference of 10,403.57 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

36.4680
35.1611
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 35.9449, compared to 35.5358 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4091 points.

H1 Avg (Jan–Jun) 35.9449
H2 Avg (Jul–Dec) 35.5358

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 1.5961 INR (High: 36.9901 / Low: 35.3939). On the other end, June was the most stable month, with a tight range of 0.4108 INR (High: 36.0626 / Low: 35.6519).

April Spread (Volatile) ±1.5961
June Spread (Stable) ±0.4108

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.4072 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.4072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 36.3591) against the same month in 2020 (average: 33.5424), the exchange rate shifted by +2.8166 (+8.40%).

2021 Avg (April) 36.3591
2020 Avg (April) 33.5424

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 36.4314 35.6934 35.9058
February 36.7945 35.4239 35.8866
March 36.3373 34.9094 35.5864
April 36.9901 35.3939 36.3591
May 36.5353 35.5834 36.0310
June 36.0626 35.6519 35.9006
July 36.1244 35.6216 35.8209
August 35.9264 34.9284 35.4137
September 35.5833 35.0176 35.2700
October 36.2730 34.9692 35.8397
November 36.1865 35.0844 35.4611
December 35.8049 35.0746 35.4094