YEARLY HIGH
0.7593 NZD
YEARLY LOW
0.6764 NZD
YEARLY AVERAGE
0.7103 NZD

2020 FJD to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the FJD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.7593. Conversely, the yearly low was recorded on December 31, dropping to 0.6764.

This high-to-low spread represents a total annual volatility of 0.0829 NZD. From a start-to-finish perspective, comparing the January average rate of 0.6982 to the December average rate of 0.6852, the exchange rate registered a net change of -1.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.7593 was down 11.24% compared to the 2019 peak of 0.8555, 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 3,797 NZD
2019 Average 3,522 NZD
Yearly Trough Low 3,382 NZD
Transaction Impact: A difference of 414.49 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.7383
0.6804
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 0.7192, compared to 0.7014 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0178 points.

H1 Avg (Jan–Jun) 0.7192
H2 Avg (Jul–Dec) 0.7014

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0487 NZD (High: 0.7593 / Low: 0.7106). On the other end, July was the most stable month, with a tight range of 0.0088 NZD (High: 0.7116 / Low: 0.7028).

March Spread (Volatile) ±0.0487
July Spread (Stable) ±0.0088

Growth Streaks & Declines

Trends

Between January and May, 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 0.0211 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0211

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.7283) against the same month in 2019 (average: 0.6875), the exchange rate shifted by +0.0408 (+5.94%).

2020 Avg (March) 0.7283
2019 Avg (March) 0.6875

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7078 0.6923 0.6982
February 0.7217 0.7036 0.7106
March 0.7593 0.7106 0.7283
April 0.7460 0.7156 0.7323
May 0.7482 0.7231 0.7335
June 0.7251 0.6999 0.7124
July 0.7116 0.7028 0.7070
August 0.7172 0.6993 0.7116
September 0.7186 0.6942 0.7063
October 0.7145 0.7005 0.7062
November 0.7092 0.6830 0.6923
December 0.6920 0.6764 0.6852