YEARLY HIGH
2.9104 FJD
YEARLY LOW
2.7312 FJD
YEARLY AVERAGE
2.8452 FJD

2021 FKP to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FKP to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 2.9104. Conversely, the yearly low was recorded on January 10, dropping to 2.7312.

This high-to-low spread represents a total annual volatility of 0.1792 FJD. From a start-to-finish perspective, comparing the January average rate of 2.7779 to the December average rate of 2.8343, the exchange rate registered a net change of 2.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.9104 was up 0.36% compared to the 2020 peak of 2.8999, 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 14,552 FJD
2020 Average 13,907 FJD
Yearly Trough Low 13,656 FJD
Transaction Impact: A difference of 896.13 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.8979
2.7670
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 2.8325, compared to 2.8579 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0254 points.

H1 Avg (Jan–Jun) 2.8325
H2 Avg (Jul–Dec) 2.8579

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0842 FJD (High: 2.8863 / Low: 2.8022). On the other end, August was the most stable month, with a tight range of 0.0303 FJD (High: 2.9045 / Low: 2.8741).

May Spread (Volatile) ±0.0842
August Spread (Stable) ±0.0303

Growth Streaks & Declines

Trends

Between April and August, 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 October and November, when the average rate fell by 0.0375 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0375

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 2.8742) against the same month in 2020 (average: 2.7199), the exchange rate shifted by +0.1544 (+5.68%).

2021 Avg (July) 2.8742
2020 Avg (July) 2.7199

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8016 2.7312 2.7779
February 2.8459 2.7890 2.8157
March 2.8620 2.8026 2.8344
April 2.8711 2.8000 2.8342
May 2.8863 2.8022 2.8596
June 2.8968 2.8499 2.8733
July 2.9104 2.8492 2.8742
August 2.9045 2.8741 2.8870
September 2.8927 2.8399 2.8674
October 2.8947 2.8407 2.8611
November 2.8495 2.8065 2.8236
December 2.8748 2.8069 2.8343