YEARLY HIGH
20340.0413 IRR
YEARLY LOW
18124.0826 IRR
YEARLY AVERAGE
19327.8313 IRR

2022 FJD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the FJD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 20340.0413. Conversely, the yearly low was recorded on October 16, dropping to 18124.0826.

This high-to-low spread represents a total annual volatility of 2215.9587 IRR. From a start-to-finish perspective, comparing the January average rate of 19839.6888 to the December average rate of 18893.4259, the exchange rate registered a net change of -4.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 20340.0413 was down 3.25% compared to the 2021 peak of 21022.5429, 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 101,700,207 IRR
2021 Average 101,910,886 IRR
Yearly Trough Low 90,620,413 IRR
Transaction Impact: A difference of 11,079,793.71 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

20263.0388
18181.6374
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 19771.9908, compared to 18883.6719 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 888.3188 points.

H1 Avg (Jan–Jun) 19771.9908
H2 Avg (Jul–Dec) 18883.6719

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 1082.1129 IRR (High: 20002.3616 / Low: 18920.2487). On the other end, February was the most stable month, with a tight range of 218.8832 IRR (High: 19902.5470 / Low: 19683.6637).

August Spread (Volatile) ±1082.1129
February Spread (Stable) ±218.8832

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 531.1714 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -531.1714

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2022: 19997.4966) against the same month in 2021 (average: 20555.0083), the exchange rate shifted by -557.5117 (-2.71%).

2022 Avg (April) 19997.4966
2021 Avg (April) 20555.0083

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20008.9981 19515.0115 19839.6888
February 19902.5470 19683.6637 19787.0518
March 20322.9599 19844.4309 20089.5887
April 20340.0413 19558.8847 19997.4966
May 19812.6212 19023.3767 19466.3253
June 19819.3560 19107.5618 19451.7933
July 19326.0994 18917.2287 19162.4112
August 20002.3616 18920.2487 19255.2465
September 19106.1225 18188.8462 18754.2730
October 18612.8183 18124.0826 18355.0875
November 19263.4947 18302.5766 18881.5874
December 19319.6566 18679.7552 18893.4259