YEARLY HIGH
21022.5429 IRR
YEARLY LOW
19729.3198 IRR
YEARLY AVERAGE
20384.8597 IRR

2021 FJD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FJD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 21022.5429. Conversely, the yearly low was recorded on December 6, dropping to 19729.3198.

This high-to-low spread represents a total annual volatility of 1293.2231 IRR. From a start-to-finish perspective, comparing the January average rate of 20680.1779 to the December average rate of 19844.5118, the exchange rate registered a net change of -4.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 21022.5429 was down 31.37% compared to the 2020 peak of 30630.6528, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 105,112,714 IRR
2020 Average 97,340,562 IRR
Yearly Trough Low 98,646,599 IRR
Transaction Impact: A difference of 6,466,115.39 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

20836.7559
19754.3078
JanuMarcMayJulySeptNove

FJD to IRR 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 20638.7882, compared to 20130.9311 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 507.8571 points.

H1 Avg (Jan–Jun) 20638.7882
H2 Avg (Jul–Dec) 20130.9311

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 597.4466 IRR (High: 20428.9376 / Low: 19831.4910). On the other end, May was the most stable month, with a tight range of 206.8239 IRR (High: 20795.1599 / Low: 20588.3360).

November Spread (Volatile) ±597.4466
May Spread (Stable) ±206.8239

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 281.9086 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -281.9086

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 20746.5519) against the same month in 2020 (average: 19122.4085), the exchange rate shifted by +1624.1434 (+8.49%).

2021 Avg (February) 20746.5519
2020 Avg (February) 19122.4085

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20902.6786 20572.1405 20680.1779
February 21022.5429 20489.3502 20746.5519
March 20879.2026 20288.6330 20587.1893
April 20799.2689 20309.8696 20555.0083
May 20795.1599 20588.3360 20727.7203
June 20761.3225 20353.3620 20536.0816
July 20372.6077 20161.5219 20254.1731
August 20330.8569 19898.1662 20150.5965
September 20389.0341 19924.3639 20224.8080
October 20469.4654 19898.6205 20193.9653
November 20428.9376 19831.4910 20117.5320
December 19961.7528 19729.3198 19844.5118