2016 FJD to NPR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 FJD to NPR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the FJD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 25, valuing the pair at 52.6599. Conversely, the yearly low was recorded on January 13, dropping to 49.3070.
This high-to-low spread represents a total annual volatility of 3.3529 NPR. From a start-to-finish perspective, comparing the January average rate of 49.9819 to the December average rate of 51.6184, the exchange rate registered a net change of 3.27% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 52.6599 was up 3.13% compared to the 2015 peak of 51.0628, 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 2016.
FJD to NPR 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 51.0574, compared to 51.9983 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9409 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 1.6762 NPR (High: 52.6599 / Low: 50.9837). On the other end, September was the most stable month, with a tight range of 0.6023 NPR (High: 52.3582 / Low: 51.7560).
Growth Streaks & Declines
TrendsBetween May and August, 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 April and May, when the average rate fell by 0.4989 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 51.7449) against the same month in 2015 (average: 49.3526), the exchange rate shifted by +2.3923 (+4.85%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 50.5530 | 49.3070 | 49.9819 |
| February | 51.9723 | 50.3089 | 51.1372 |
| March | 51.5770 | 50.7721 | 51.1255 |
| April | 52.0280 | 51.0349 | 51.4269 |
| May | 51.6779 | 50.5886 | 50.9281 |
| June | 52.6599 | 50.9837 | 51.7449 |
| July | 52.5572 | 51.6951 | 52.1084 |
| August | 52.5986 | 51.6762 | 52.2023 |
| September | 52.3582 | 51.7560 | 52.1060 |
| October | 52.1472 | 51.4546 | 51.8414 |
| November | 52.5246 | 51.6775 | 52.1136 |
| December | 52.3376 | 50.7912 | 51.6184 |