YEARLY HIGH
2.9108 FJD
YEARLY LOW
2.4661 FJD
YEARLY AVERAGE
2.7041 FJD

2022 FKP to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the FKP to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 2.9108. Conversely, the yearly low was recorded on September 26, dropping to 2.4661.

This high-to-low spread represents a total annual volatility of 0.4448 FJD. From a start-to-finish perspective, comparing the January average rate of 2.8874 to the December average rate of 2.6880, the exchange rate registered a net change of -6.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.9108 was up 0.01% compared to the 2021 peak of 2.9104, 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 14,554 FJD
2021 Average 14,227 FJD
Yearly Trough Low 12,330 FJD
Transaction Impact: A difference of 2,223.76 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.9235
2.5241
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 2.7791, compared to 2.6292 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1498 points.

H1 Avg (Jan–Jun) 2.7791
H2 Avg (Jul–Dec) 2.6292

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.1220 FJD (High: 2.7014 / Low: 2.5794). On the other end, July was the most stable month, with a tight range of 0.0483 FJD (High: 2.6866 / Low: 2.6384).

November Spread (Volatile) ±0.1220
July Spread (Stable) ±0.0483

Growth Streaks & Declines

Trends

Between September and December, 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 February and March, when the average rate fell by 0.1193 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1193

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 2.8874) against the same month in 2021 (average: 2.7779), the exchange rate shifted by +0.1095 (+3.94%).

2022 Avg (January) 2.8874
2021 Avg (January) 2.7779

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.9108 2.8619 2.8874
February 2.9106 2.8403 2.8902
March 2.8388 2.7314 2.7709
April 2.7712 2.6958 2.7387
May 2.7373 2.6725 2.7066
June 2.7223 2.6433 2.6806
July 2.6866 2.6384 2.6541
August 2.6755 2.5676 2.6299
September 2.5879 2.4661 2.5574
October 2.6670 2.5523 2.6064
November 2.7014 2.5794 2.6396
December 2.7122 2.6502 2.6880