YEARLY HIGH
37.7736 INR
YEARLY LOW
34.4370 INR
YEARLY AVERAGE
35.9011 INR

2022 FJD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the FJD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 37.7736. Conversely, the yearly low was recorded on January 31, dropping to 34.4370.

This high-to-low spread represents a total annual volatility of 3.3367 INR. From a start-to-finish perspective, comparing the January average rate of 34.9525 to the December average rate of 37.3361, the exchange rate registered a net change of 6.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 37.7736 was up 2.12% compared to the 2021 peak of 36.9901, 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 188,868 INR
2021 Average 178,695 INR
Yearly Trough Low 172,185 INR
Transaction Impact: A difference of 16,683.34 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

37.5745
34.7141
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 35.6221, compared to 36.1801 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5580 points.

H1 Avg (Jan–Jun) 35.6221
H2 Avg (Jul–Dec) 36.1801

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 2.0676 INR (High: 37.6091 / Low: 35.5415). On the other end, February was the most stable month, with a tight range of 0.6745 INR (High: 35.5014 / Low: 34.8270).

August Spread (Volatile) ±2.0676
February Spread (Stable) ±0.6745

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 August and September, when the average rate fell by 0.6610 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6610

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 37.3361) against the same month in 2021 (average: 35.4094), the exchange rate shifted by +1.9267 (+5.44%).

2022 Avg (December) 37.3361
2021 Avg (December) 35.4094

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 35.1816 34.4370 34.9525
February 35.5014 34.8270 35.1109
March 36.6275 35.6478 36.2246
April 36.3280 35.4137 36.0035
May 36.2392 34.8477 35.5706
June 36.3602 35.4352 35.8707
July 36.3549 35.3071 35.9853
August 37.6091 35.5415 36.1979
September 35.9766 35.0782 35.5368
October 36.2831 35.2694 35.6821
November 36.8958 35.6436 36.3427
December 37.7736 36.9601 37.3361