2020 FJD to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 FJD to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the FJD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 175.0687. Conversely, the yearly low was recorded on March 21, dropping to 151.0152.
This high-to-low spread represents a total annual volatility of 24.0534 MRO. From a start-to-finish perspective, comparing the January average rate of 164.8153 to the December average rate of 173.5815, the exchange rate registered a net change of 5.32% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 175.0687 was down 10.22% compared to the 2019 peak of 194.9992, 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 2020.
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 160.7431, compared to 168.8156 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.0725 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 11.1469 MRO (High: 162.1622 / Low: 151.0152). On the other end, October was the most stable month, with a tight range of 2.1731 MRO (High: 168.7465 / Low: 166.5733).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 5.0109 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 173.5815) against the same month in 2019 (average: 164.7455), the exchange rate shifted by +8.8360 (+5.36%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 166.4646 | 162.9988 | 164.8153 |
| February | 163.3269 | 160.5396 | 162.1215 |
| March | 162.1622 | 151.0152 | 157.1106 |
| April | 160.5757 | 155.1331 | 157.0917 |
| May | 161.1738 | 158.1080 | 159.3796 |
| June | 165.7536 | 162.6090 | 163.9399 |
| July | 168.2851 | 164.5730 | 166.2655 |
| August | 169.8181 | 166.9980 | 167.7796 |
| September | 169.9272 | 165.6613 | 168.0975 |
| October | 168.7465 | 166.5733 | 167.3515 |
| November | 172.0358 | 166.5500 | 169.8177 |
| December | 175.0687 | 171.7833 | 173.5815 |