YEARLY HIGH
3.1606 FJD
YEARLY LOW
2.5071 FJD
YEARLY AVERAGE
2.8289 FJD

2016 FKP to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the FKP to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 3.1606. Conversely, the yearly low was recorded on October 29, dropping to 2.5071.

This high-to-low spread represents a total annual volatility of 0.6535 FJD. From a start-to-finish perspective, comparing the January average rate of 3.1022 to the December average rate of 2.6241, the exchange rate registered a net change of -15.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 3.1606 was down 6.15% compared to the 2015 peak of 3.3677, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 FKP based on timing:

Yearly Peak High 15,803 FJD
2015 Average 15,970 FJD
Yearly Trough Low 12,536 FJD
Transaction Impact: A difference of 3,267.54 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

3.1583
2.4859
JanuMarcMayJulySeptNove

FKP to FJD 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 3.0178, compared to 2.6400 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3778 points.

H1 Avg (Jan–Jun) 3.0178
H2 Avg (Jul–Dec) 2.6400

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.3365 FJD (High: 3.0817 / Low: 2.7452). On the other end, December was the most stable month, with a tight range of 0.0591 FJD (High: 2.6564 / Low: 2.5973).

June Spread (Volatile) ±0.3365
December Spread (Stable) ±0.0591

Growth Streaks & Declines

Trends

Between October and December, 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 June and July, when the average rate fell by 0.2419 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2419

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 3.1022) against the same month in 2015 (average: 3.0391), the exchange rate shifted by +0.0632 (+2.08%).

2016 Avg (January) 3.1022
2015 Avg (January) 3.0391

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.1606 3.0592 3.1022
February 3.1167 2.9421 3.0549
March 3.0202 2.9546 2.9874
April 3.0220 2.9243 2.9579
May 3.1166 2.9971 3.0491
June 3.0817 2.7452 2.9552
July 2.7564 2.6550 2.7133
August 2.7500 2.6374 2.6841
September 2.7480 2.6505 2.6945
October 2.6682 2.5071 2.5419
November 2.6331 2.5256 2.5822
December 2.6564 2.5973 2.6241