YEARLY HIGH
2.9084 FJD
YEARLY LOW
2.6406 FJD
YEARLY AVERAGE
2.7786 FJD

2018 FKP to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the FKP to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 2.9084. Conversely, the yearly low was recorded on December 11, dropping to 2.6406.

This high-to-low spread represents a total annual volatility of 0.2678 FJD. From a start-to-finish perspective, comparing the January average rate of 2.7921 to the December average rate of 2.6894, the exchange rate registered a net change of -3.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.9084 was up 3.05% compared to the 2017 peak of 2.8223, 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 14,542 FJD
2017 Average 13,268 FJD
Yearly Trough Low 13,203 FJD
Transaction Impact: A difference of 1,339.04 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.8873
2.6714
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 2.8134, compared to 2.7439 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0695 points.

H1 Avg (Jan–Jun) 2.8134
H2 Avg (Jul–Dec) 2.7439

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.1171 FJD (High: 2.8066 / Low: 2.6895). On the other end, June was the most stable month, with a tight range of 0.0452 FJD (High: 2.7841 / Low: 2.7389).

November Spread (Volatile) ±0.1171
June Spread (Stable) ±0.0452

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0693 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0693

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 2.8693) against the same month in 2017 (average: 2.6346), the exchange rate shifted by +0.2347 (+8.91%).

2018 Avg (April) 2.8693
2017 Avg (April) 2.6346

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8464 2.7501 2.7921
February 2.8430 2.7855 2.8196
March 2.8934 2.7852 2.8362
April 2.9084 2.8324 2.8693
May 2.8383 2.7452 2.8000
June 2.7841 2.7389 2.7632
July 2.7997 2.7314 2.7638
August 2.7465 2.6902 2.7158
September 2.8145 2.7264 2.7707
October 2.8430 2.7341 2.7920
November 2.8066 2.6895 2.7316
December 2.7278 2.6406 2.6894