2019 FJD to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 FJD to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the FJD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on September 15, valuing the pair at 2039.8842. Conversely, the yearly low was recorded on December 16, dropping to 1125.0183.
This high-to-low spread represents a total annual volatility of 914.8660 MGA. From a start-to-finish perspective, comparing the January average rate of 1675.9395 to the December average rate of 1663.8116, the exchange rate registered a net change of -0.72% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 2039.8842 was up 16.82% compared to the 2018 peak of 1746.1738, 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 2019.
FJD to MGA 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 1680.1498, compared to 1691.5340 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.3841 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was December, with a trading range of 598.2429 MGA (High: 1723.2612 / Low: 1125.0183). On the other end, August was the most stable month, with a tight range of 26.4083 MGA (High: 1704.1568 / Low: 1677.7484).
Growth Streaks & Declines
TrendsBetween 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 September and October, when the average rate fell by 44.5949 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2019: 1724.8394) against the same month in 2018 (average: 1601.2677), the exchange rate shifted by +123.5717 (+7.72%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1723.1947 | 1624.1550 | 1675.9395 |
| February | 1703.3342 | 1636.9771 | 1666.5570 |
| March | 1681.8036 | 1638.3053 | 1664.2384 |
| April | 1713.0343 | 1668.8437 | 1691.1225 |
| May | 1704.6093 | 1668.8106 | 1687.5369 |
| June | 1712.1438 | 1673.5635 | 1695.5047 |
| July | 1724.0345 | 1677.5248 | 1698.6091 |
| August | 1704.1568 | 1677.7484 | 1693.9921 |
| September | 2039.8842 | 1692.2057 | 1724.8394 |
| October | 1704.3982 | 1646.3139 | 1680.2445 |
| November | 1708.8255 | 1644.4850 | 1687.7071 |
| December | 1723.2612 | 1125.0183 | 1663.8116 |