2020 FJD to TOP Historical Review

YEARLY HIGH

1.1205 TOP

YEARLY LOW

1.0133 TOP

YEARLY AVERAGE

1.0621 TOP

2020 FJD to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the FJD to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 1.1205. Conversely, the yearly low was recorded on March 19, dropping to 1.0133.

This high-to-low spread represents a total annual volatility of 0.1071 TOP. From a start-to-finish perspective, comparing the January average rate of 1.0603 to the December average rate of 1.1105, the exchange rate registered a net change of 4.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.1205 was down 11.30% compared to the 2019 peak of 1.2631, 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 5,602 TOP

2019 Average 5,315 TOP

Yearly Trough Low 5,067 TOP

Transaction Impact: A difference of 535.71 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.1187

1.0195

JanuMarcMayJulySeptNove

FJD to TOP 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 1.0411, compared to 1.0832 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0421 points.

H1 Avg (Jan–Jun) 1.0411

H2 Avg (Jul–Dec) 1.0832

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0384 TOP (High: 1.0517 / Low: 1.0133). On the other end, August was the most stable month, with a tight range of 0.0108 TOP (High: 1.0781 / Low: 1.0673).

March Spread (Volatile) ±0.0384

August Spread (Stable) ±0.0108

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0186 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0186

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1.1105) against the same month in 2019 (average: 1.0613), the exchange rate shifted by +0.0492 (+4.63%).

2020 Avg (December) 1.1105

2019 Avg (December) 1.0613

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0656	1.0546	1.0603
February	1.0598	1.0427	1.0519
March	1.0517	1.0133	1.0333
April	1.0376	1.0180	1.0278
May	1.0392	1.0249	1.0304
June	1.0562	1.0262	1.0428
July	1.0712	1.0546	1.0618
August	1.0781	1.0673	1.0718
September	1.0889	1.0677	1.0756
October	1.0934	1.0799	1.0847
November	1.1026	1.0745	1.0945
December	1.1205	1.1010	1.1105