2019 FJD to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 FJD to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the FJD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 15, valuing the pair at 197.4320. Conversely, the yearly low was recorded on August 27, dropping to 140.6174.
This high-to-low spread represents a total annual volatility of 56.8146 NGN. From a start-to-finish perspective, comparing the January average rate of 171.1252 to the December average rate of 167.3334, the exchange rate registered a net change of -2.22% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 197.4320 was up 9.14% compared to the 2018 peak of 180.8999, 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 NGN 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 167.9396, compared to 166.2995 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6401 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was September, with a trading range of 33.1348 NGN (High: 197.4320 / Low: 164.2973). On the other end, November was the most stable month, with a tight range of 1.7901 NGN (High: 166.5915 / Low: 164.8013).
Growth Streaks & Declines
TrendsBetween October and December, 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 May and June, when the average rate fell by 5.2199 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2019: 166.6587) against the same month in 2018 (average: 170.4192), the exchange rate shifted by -3.7604 (-2.21%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 172.9314 | 169.3824 | 171.1252 |
| February | 171.7095 | 169.1262 | 170.3522 |
| March | 170.6848 | 167.5006 | 169.2102 |
| April | 169.7143 | 166.8243 | 168.5508 |
| May | 168.3842 | 165.6556 | 166.8093 |
| June | 169.0257 | 142.1580 | 161.5894 |
| July | 170.6345 | 166.6861 | 168.3490 |
| August | 167.7170 | 140.6174 | 164.9063 |
| September | 197.4320 | 164.2973 | 166.6587 |
| October | 166.4673 | 163.5007 | 164.9024 |
| November | 166.5915 | 164.8013 | 165.6471 |
| December | 169.4171 | 165.2696 | 167.3334 |