YEARLY HIGH
0.7074 NZD
YEARLY LOW
0.6566 NZD
YEARLY AVERAGE
0.6834 NZD

2017 FJD to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the FJD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 22, valuing the pair at 0.7074. Conversely, the yearly low was recorded on July 26, dropping to 0.6566.

This high-to-low spread represents a total annual volatility of 0.0508 NZD. From a start-to-finish perspective, comparing the January average rate of 0.6744 to the December average rate of 0.6951, the exchange rate registered a net change of 3.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.7074 was down 1.83% compared to the 2016 peak of 0.7206, 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 3,537 NZD
2016 Average 3,442 NZD
Yearly Trough Low 3,283 NZD
Transaction Impact: A difference of 253.77 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.7038
0.6649
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 0.6803, compared to 0.6865 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0063 points.

H1 Avg (Jan–Jun) 0.6803
H2 Avg (Jul–Dec) 0.6865

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0259 NZD (High: 0.7074 / Low: 0.6815). On the other end, June was the most stable month, with a tight range of 0.0100 NZD (High: 0.6760 / Low: 0.6660).

October Spread (Volatile) ±0.0259
June Spread (Stable) ±0.0100

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0159 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0159

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2017: 0.6932) against the same month in 2016 (average: 0.6786), the exchange rate shifted by +0.0146 (+2.16%).

2017 Avg (October) 0.6932
2016 Avg (October) 0.6786

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6887 0.6635 0.6744
February 0.6817 0.6634 0.6731
March 0.6951 0.6780 0.6875
April 0.6981 0.6815 0.6880
May 0.6958 0.6756 0.6873
June 0.6760 0.6660 0.6714
July 0.6777 0.6566 0.6682
August 0.6906 0.6692 0.6783
September 0.6929 0.6761 0.6838
October 0.7074 0.6815 0.6932
November 0.7056 0.6930 0.7006
December 0.7036 0.6836 0.6951