2016 FJD to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 FJD to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the FJD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 175.5686. Conversely, the yearly low was recorded on January 6, dropping to 143.4588.
This high-to-low spread represents a total annual volatility of 32.1098 MRO. From a start-to-finish perspective, comparing the January average rate of 155.3630 to the December average rate of 170.2733, the exchange rate registered a net change of 9.60% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 175.5686 was up 11.26% compared to the 2015 peak of 157.8044, 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 2016.
FJD to MRO 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 164.1948, compared to 172.4925 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.2976 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was January, with a trading range of 16.9801 MRO (High: 160.4389 / Low: 143.4588). On the other end, September was the most stable month, with a tight range of 2.0732 MRO (High: 174.5881 / Low: 172.5149).
Growth Streaks & Declines
TrendsBetween January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 2.1433 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2016: 172.4166) against the same month in 2015 (average: 149.7981), the exchange rate shifted by +22.6185 (+15.10%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 160.4389 | 143.4588 | 155.3630 |
| February | 162.5193 | 154.1468 | 160.1451 |
| March | 166.0840 | 160.9806 | 164.1141 |
| April | 169.5645 | 165.2256 | 167.1366 |
| May | 168.8130 | 164.6413 | 167.3699 |
| June | 173.2305 | 168.0704 | 171.0401 |
| July | 173.8879 | 170.6494 | 172.0982 |
| August | 174.6763 | 171.5962 | 173.3214 |
| September | 174.5881 | 172.5149 | 173.6239 |
| October | 174.3547 | 171.4970 | 173.2214 |
| November | 175.5686 | 169.7661 | 172.4166 |
| December | 172.4278 | 167.8738 | 170.2733 |