YEARLY HIGH
2.8999 FJD
YEARLY LOW
2.6752 FJD
YEARLY AVERAGE
2.7816 FJD

2020 FKP to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the FKP to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 2.8999. Conversely, the yearly low was recorded on March 18, dropping to 2.6752.

This high-to-low spread represents a total annual volatility of 0.2247 FJD. From a start-to-finish perspective, comparing the January average rate of 2.8324 to the December average rate of 2.7659, the exchange rate registered a net change of -2.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.8999 was down 0.65% compared to the 2019 peak of 2.9189, 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 14,500 FJD
2019 Average 13,760 FJD
Yearly Trough Low 13,376 FJD
Transaction Impact: A difference of 1,123.48 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.8693
2.7063
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 2.8000, compared to 2.7631 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0369 points.

H1 Avg (Jan–Jun) 2.8000
H2 Avg (Jul–Dec) 2.7631

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.2247 FJD (High: 2.8999 / Low: 2.6752). On the other end, October was the most stable month, with a tight range of 0.0572 FJD (High: 2.7965 / Low: 2.7392).

March Spread (Volatile) ±0.2247
October Spread (Stable) ±0.0572

Growth Streaks & Declines

Trends

Between September and November, 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 April and May, when the average rate fell by 0.0664 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0664

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 2.8114) against the same month in 2019 (average: 2.8030), the exchange rate shifted by +0.0083 (+0.30%).

2020 Avg (March) 2.8114
2019 Avg (March) 2.8030

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8863 2.8080 2.8324
February 2.8863 2.8261 2.8557
March 2.8999 2.6752 2.8114
April 2.8662 2.7849 2.8209
May 2.8029 2.7218 2.7545
June 2.7813 2.6821 2.7253
July 2.7823 2.6901 2.7199
August 2.8320 2.7637 2.7957
September 2.8152 2.7110 2.7504
October 2.7965 2.7392 2.7685
November 2.8203 2.7537 2.7786
December 2.8107 2.7237 2.7659