2021 FJD to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 FJD to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the FJD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 20, valuing the pair at 395.1105. Conversely, the yearly low was recorded on February 4, dropping to 375.4025.
This high-to-low spread represents a total annual volatility of 19.7080 MWK. From a start-to-finish perspective, comparing the January average rate of 379.6769 to the December average rate of 382.7675, the exchange rate registered a net change of 0.81% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 395.1105 was up 4.64% compared to the 2020 peak of 377.6059, 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 2021.
FJD to MWK 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 384.9895, compared to 387.9403 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.9508 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was February, with a trading range of 14.5838 MWK (High: 389.9863 / Low: 375.4025). On the other end, December was the most stable month, with a tight range of 4.8965 MWK (High: 385.0973 / Low: 380.2008).
Growth Streaks & Declines
TrendsBetween March and May, 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 November and December, when the average rate fell by 5.6482 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2021: 390.2932) against the same month in 2020 (average: 353.3744), the exchange rate shifted by +36.9187 (+10.45%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 383.7000 | 376.8668 | 379.6769 |
| February | 389.9863 | 375.4025 | 383.3587 |
| March | 386.8920 | 378.2586 | 382.6357 |
| April | 391.8228 | 378.0611 | 384.1542 |
| May | 393.9698 | 387.9028 | 390.3014 |
| June | 393.2864 | 385.0065 | 389.8103 |
| July | 391.2113 | 383.2927 | 388.2501 |
| August | 393.4674 | 382.2469 | 388.1751 |
| September | 392.5766 | 384.9676 | 389.7403 |
| October | 395.1105 | 384.3433 | 390.2932 |
| November | 394.6916 | 382.9668 | 388.4156 |
| December | 385.0973 | 380.2008 | 382.7675 |