2020 FJD to NAD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 FJD to NAD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the FJD to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 8.5372. Conversely, the yearly low was recorded on January 4, dropping to 6.5117.
This high-to-low spread represents a total annual volatility of 2.0254 NAD. From a start-to-finish perspective, comparing the January average rate of 6.6277 to the December average rate of 7.2327, the exchange rate registered a net change of 9.13% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 8.5372 was down 50.10% compared to the 2019 peak of 17.1089, 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 NAD 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 7.4801, compared to 7.7133 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2332 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was October, with a trading range of 0.9810 NAD (High: 8.5372 / Low: 7.5562). On the other end, February was the most stable month, with a tight range of 0.2085 NAD (High: 6.9448 / Low: 6.7362).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.3977 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2020: 7.7924) against the same month in 2019 (average: 6.7925), the exchange rate shifted by +1.0000 (+14.72%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6.7618 | 6.5117 | 6.6277 |
| February | 6.9448 | 6.7362 | 6.7994 |
| March | 7.8707 | 6.9274 | 7.3108 |
| April | 8.4338 | 7.8500 | 8.1656 |
| May | 8.3071 | 7.8219 | 8.1160 |
| June | 7.9936 | 7.6404 | 7.8608 |
| July | 7.9461 | 7.7035 | 7.7988 |
| August | 8.2892 | 7.8021 | 8.1502 |
| September | 8.2584 | 7.6291 | 7.9108 |
| October | 8.5372 | 7.5562 | 7.7924 |
| November | 7.6318 | 7.2925 | 7.3948 |
| December | 7.3886 | 7.0949 | 7.2327 |