YEARLY HIGH
0.7206 NZD
YEARLY LOW
0.6580 NZD
YEARLY AVERAGE
0.6884 NZD

2016 FJD to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the FJD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.7206. Conversely, the yearly low was recorded on September 7, dropping to 0.6580.

This high-to-low spread represents a total annual volatility of 0.0626 NZD. From a start-to-finish perspective, comparing the January average rate of 0.7096 to the December average rate of 0.6769, the exchange rate registered a net change of -4.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.7206 was down 2.00% compared to the 2015 peak of 0.7353, 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 3,603 NZD
2015 Average 3,429 NZD
Yearly Trough Low 3,290 NZD
Transaction Impact: A difference of 312.94 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.7137
0.6638
JanuMarcMayJulySeptNove

FJD to NZD 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 0.7013, compared to 0.6754 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0259 points.

H1 Avg (Jan–Jun) 0.7013
H2 Avg (Jul–Dec) 0.6754

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0388 NZD (High: 0.7206 / Low: 0.6818). On the other end, August was the most stable month, with a tight range of 0.0142 NZD (High: 0.6822 / Low: 0.6680).

January Spread (Volatile) ±0.0388
August Spread (Stable) ±0.0142

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0179 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0179

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.7096) against the same month in 2015 (average: 0.6536), the exchange rate shifted by +0.0560 (+8.56%).

2016 Avg (January) 0.7096
2015 Avg (January) 0.6536

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7206 0.6818 0.7096
February 0.7124 0.6968 0.7059
March 0.7181 0.6939 0.7077
April 0.7092 0.6938 0.7019
May 0.7064 0.6918 0.7003
June 0.6958 0.6701 0.6824
July 0.6921 0.6654 0.6791
August 0.6822 0.6680 0.6750
September 0.6760 0.6580 0.6680
October 0.6867 0.6675 0.6786
November 0.6840 0.6636 0.6752
December 0.6861 0.6671 0.6769