YEARLY HIGH
20998.0291 IRR
YEARLY LOW
17392.4627 IRR
YEARLY AVERAGE
19519.0660 IRR

2018 FJD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the FJD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 20998.0291. Conversely, the yearly low was recorded on January 3, dropping to 17392.4627.

This high-to-low spread represents a total annual volatility of 3605.5665 IRR. From a start-to-finish perspective, comparing the January average rate of 17839.7066 to the December average rate of 19906.0040, the exchange rate registered a net change of 11.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 20998.0291 was up 20.08% compared to the 2017 peak of 17486.3542, 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 104,990,146 IRR
2017 Average 80,269,361 IRR
Yearly Trough Low 86,962,313 IRR
Transaction Impact: A difference of 18,027,832.32 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

20911.0523
17560.4934
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 18824.9359, compared to 20213.1960 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1388.2601 points.

H1 Avg (Jan–Jun) 18824.9359
H2 Avg (Jul–Dec) 20213.1960

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 2501.6875 IRR (High: 20411.0773 / Low: 17909.3899). On the other end, June was the most stable month, with a tight range of 315.8321 IRR (High: 20557.3415 / Low: 20241.5094).

May Spread (Volatile) ±2501.6875
June Spread (Stable) ±315.8321

Growth Streaks & Declines

Trends

Between April and July, 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 September and October, when the average rate fell by 491.9892 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -491.9892

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2018: 20631.8391) against the same month in 2017 (average: 16055.1406), the exchange rate shifted by +4576.6985 (+28.51%).

2018 Avg (July) 20631.8391
2017 Avg (July) 16055.1406

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18529.2186 17392.4627 17839.7066
February 18544.2178 18175.7941 18363.3239
March 18719.1269 18320.1048 18470.3904
April 18591.9329 18086.8986 18381.6039
May 20411.0773 17909.3899 19515.0191
June 20557.3415 20241.5094 20379.5718
July 20998.0291 20254.7093 20631.8391
August 20958.4130 20212.9494 20529.4012
September 20505.8584 20144.2637 20317.0884
October 20359.7470 19686.3884 19825.0993
November 20218.6876 19688.5625 20069.7439
December 20269.7303 19618.7061 19906.0040