2022 FJD to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 FJD to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the FJD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 203.9699. Conversely, the yearly low was recorded on September 27, dropping to 186.0824.
This high-to-low spread represents a total annual volatility of 17.8875 NGN. From a start-to-finish perspective, comparing the January average rate of 194.2408 to the December average rate of 201.6999, the exchange rate registered a net change of 3.84% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 203.9699 was up 0.20% compared to the 2021 peak of 203.5725, 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 2022.
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 194.2219, compared to 192.9919 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2301 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was November, with a trading range of 11.6677 NGN (High: 201.4421 / Low: 189.7744). On the other end, February was the most stable month, with a tight range of 2.4629 NGN (High: 196.1437 / Low: 193.6807).
Growth Streaks & Declines
TrendsBetween January and March, 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 April and May, when the average rate fell by 5.4199 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 201.6999) against the same month in 2021 (average: 193.0947), the exchange rate shifted by +8.6052 (+4.46%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 195.9155 | 192.0693 | 194.2408 |
| February | 196.1437 | 193.6807 | 194.8516 |
| March | 200.2078 | 194.8440 | 197.7226 |
| April | 199.7233 | 191.9968 | 196.4109 |
| May | 194.1806 | 186.7529 | 190.9909 |
| June | 194.5966 | 187.2681 | 191.1148 |
| July | 192.6667 | 186.1423 | 189.4858 |
| August | 198.0021 | 187.8792 | 191.4631 |
| September | 192.8659 | 186.0824 | 189.7613 |
| October | 192.9438 | 186.1706 | 188.7935 |
| November | 201.4421 | 189.7744 | 196.7476 |
| December | 203.9699 | 199.4938 | 201.6999 |