YEARLY HIGH
22998.4318 IRR
YEARLY LOW
19043.4193 IRR
YEARLY AVERAGE
19566.8050 IRR

2019 FJD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the FJD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 15, valuing the pair at 22998.4318. Conversely, the yearly low was recorded on October 19, dropping to 19043.4193.

This high-to-low spread represents a total annual volatility of 3955.0125 IRR. From a start-to-finish perspective, comparing the January average rate of 19923.5192 to the December average rate of 19430.3647, the exchange rate registered a net change of -2.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 22998.4318 was up 9.53% compared to the 2018 peak of 20998.0291, 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 114,992,159 IRR
2018 Average 97,628,145 IRR
Yearly Trough Low 95,217,096 IRR
Transaction Impact: A difference of 19,775,062.73 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

19996.5567
19120.1068
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 19749.9452, compared to 19383.6649 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 366.2803 points.

H1 Avg (Jan–Jun) 19749.9452
H2 Avg (Jul–Dec) 19383.6649

Volatility Range Comparison

Volatility

The most volatile month in 2019 was September, with a trading range of 3853.6778 IRR (High: 22998.4318 / Low: 19144.7540). On the other end, November was the most stable month, with a tight range of 176.7249 IRR (High: 19367.5253 / Low: 19190.8004).

September Spread (Volatile) ±3853.6778
November Spread (Stable) ±176.7249

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 322.9305 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -322.9305

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 19414.9128) against the same month in 2018 (average: 20317.0884), the exchange rate shifted by -902.1756 (-4.44%).

2019 Avg (September) 19414.9128
2018 Avg (September) 20317.0884

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20319.5205 19629.2974 19923.5192
February 19999.5250 19725.9219 19849.5642
March 20007.8769 19645.1600 19815.3932
April 20038.3775 19484.4319 19758.0893
May 19799.8516 19396.9777 19527.1938
June 19859.5465 19392.9752 19625.9113
July 19851.9531 19481.2676 19665.0720
August 19468.2876 19161.2379 19342.1415
September 22998.4318 19144.7540 19414.9128
October 19334.1752 19043.4193 19193.1442
November 19367.5253 19190.8004 19256.3540
December 19633.0318 19211.2900 19430.3647