2017 FJD to NPR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 FJD to NPR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the FJD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 52.9373. Conversely, the yearly low was recorded on May 14, dropping to 48.4141.
This high-to-low spread represents a total annual volatility of 4.5232 NPR. From a start-to-finish perspective, comparing the January average rate of 52.3036 to the December average rate of 49.7739, the exchange rate registered a net change of -4.84% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 52.9373 was up 0.53% compared to the 2016 peak of 52.6599, 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 2017.
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 50.6413, compared to 50.5408 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1005 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was October, with a trading range of 1.9107 NPR (High: 51.8036 / Low: 49.8930). On the other end, December was the most stable month, with a tight range of 0.7541 NPR (High: 50.1308 / Low: 49.3767).
Growth Streaks & Declines
TrendsBetween May and July, 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 February and March, when the average rate fell by 1.3567 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 52.3036) against the same month in 2016 (average: 49.9819), the exchange rate shifted by +2.3217 (+4.65%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 52.9373 | 51.1458 | 52.3036 |
| February | 52.6951 | 51.4334 | 52.0925 |
| March | 51.5460 | 49.9103 | 50.7357 |
| April | 49.9161 | 48.7937 | 49.5762 |
| May | 49.8263 | 48.4141 | 49.1818 |
| June | 50.5424 | 49.3227 | 49.9581 |
| July | 51.3567 | 50.0124 | 50.7144 |
| August | 51.4015 | 49.8607 | 50.7083 |
| September | 51.9328 | 50.4646 | 51.1557 |
| October | 51.8036 | 49.8930 | 50.8480 |
| November | 50.5761 | 49.2055 | 50.0445 |
| December | 50.1308 | 49.3767 | 49.7739 |