YEARLY HIGH
0.0438 FJD
YEARLY LOW
0.0363 FJD
YEARLY AVERAGE
0.0430 FJD

2019 GMD to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GMD to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 18, valuing the pair at 0.0438. Conversely, the yearly low was recorded on September 15, dropping to 0.0363.

This high-to-low spread represents a total annual volatility of 0.0075 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0429 to the December average rate of 0.0422, the exchange rate registered a net change of -1.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0438 was down 1.88% compared to the 2018 peak of 0.0446, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 219 FJD
2018 Average 217 FJD
Yearly Trough Low 181 FJD
Transaction Impact: A difference of 37.61 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0436
0.0421
JanuMarcMayJulySeptNove

GMD 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 0.0431, compared to 0.0429 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0431
H2 Avg (Jul–Dec) 0.0429

Volatility Range Comparison

Volatility

The most volatile month in 2019 was September, with a trading range of 0.0075 FJD (High: 0.0438 / Low: 0.0363). On the other end, August was the most stable month, with a tight range of 0.0005 FJD (High: 0.0436 / Low: 0.0432).

September Spread (Volatile) ±0.0075
August Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between February and May, 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 October and November, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 0.0434) against the same month in 2018 (average: 0.0440), the exchange rate shifted by -0.0006 (-1.47%).

2019 Avg (June) 0.0434
2018 Avg (June) 0.0440

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0434 0.0424 0.0429
February 0.0431 0.0425 0.0428
March 0.0432 0.0426 0.0429
April 0.0435 0.0427 0.0431
May 0.0438 0.0432 0.0435
June 0.0438 0.0429 0.0434
July 0.0433 0.0425 0.0429
August 0.0436 0.0432 0.0434
September 0.0438 0.0363 0.0431
October 0.0436 0.0425 0.0432
November 0.0431 0.0424 0.0427
December 0.0428 0.0418 0.0422