2017 FJD to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 FJD to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the FJD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 17486.3542. Conversely, the yearly low was recorded on January 2, dropping to 14098.2413.
This high-to-low spread represents a total annual volatility of 3388.1128 IRR. From a start-to-finish perspective, comparing the January average rate of 15232.2676 to the December average rate of 17072.1562, the exchange rate registered a net change of 12.08% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 17486.3542 was up 18.18% compared to the 2016 peak of 14796.9411, 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 IRR 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 15565.9189, compared to 16538.7006 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 972.7817 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 1653.7521 IRR (High: 15751.9934 / Low: 14098.2413). On the other end, April was the most stable month, with a tight range of 213.9002 IRR (High: 15659.7014 / Low: 15445.8012).
Growth Streaks & Declines
TrendsBetween May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 130.1032 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 17072.1562) against the same month in 2016 (average: 14299.6059), the exchange rate shifted by +2772.5503 (+19.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15751.9934 | 14098.2413 | 15232.2676 |
| February | 15892.4799 | 15621.8446 | 15742.9588 |
| March | 15773.2447 | 15425.7588 | 15612.8556 |
| April | 15659.7014 | 15445.8012 | 15569.0811 |
| May | 15632.9701 | 15344.7196 | 15492.3741 |
| June | 15899.5720 | 15496.3472 | 15745.9764 |
| July | 16334.7657 | 15793.8453 | 16055.1406 |
| August | 16452.1811 | 16142.0752 | 16282.9196 |
| September | 16648.8420 | 16361.0999 | 16513.6289 |
| October | 16836.9905 | 16378.2094 | 16570.0472 |
| November | 16855.7695 | 16605.1441 | 16738.3112 |
| December | 17486.3542 | 16707.9062 | 17072.1562 |