YEARLY HIGH
197.4320 NGN
YEARLY LOW
140.6174 NGN
YEARLY AVERAGE
167.1195 NGN

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 FJD based on timing:

Yearly Peak High 987,160 NGN
2018 Average 867,768 NGN
Yearly Trough Low 703,087 NGN
Transaction Impact: A difference of 284,072.80 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

172.0788
160.6359
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 167.9396
H2 Avg (Jul–Dec) 166.2995

Volatility Range Comparison

Volatility

The 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).

September Spread (Volatile) ±33.1348
November Spread (Stable) ±1.7901

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -5.2199

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2019 Avg (September) 166.6587
2018 Avg (September) 170.4192

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