YEARLY HIGH
0.0286 FJD
YEARLY LOW
0.0270 FJD
YEARLY AVERAGE
0.0280 FJD

2021 INR to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the INR to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 0.0286. Conversely, the yearly low was recorded on April 21, dropping to 0.0270.

This high-to-low spread represents a total annual volatility of 0.0016 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0279 to the December average rate of 0.0282, the exchange rate registered a net change of 1.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0286 was down 8.82% compared to the 2020 peak of 0.0314, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 7,161 FJD
2020 Average 7,314 FJD
Yearly Trough Low 6,759 FJD
Transaction Impact: A difference of 402.83 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0284
0.0274
JanuMarcMayJulySeptNove

INR 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 0.0278, compared to 0.0281 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0278
H2 Avg (Jul–Dec) 0.0281

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0012 FJD (High: 0.0283 / Low: 0.0270). On the other end, June was the most stable month, with a tight range of 0.0003 FJD (High: 0.0280 / Low: 0.0277).

April Spread (Volatile) ±0.0012
June Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0006 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0281) against the same month in 2020 (average: 0.0305), the exchange rate shifted by -0.0024 (-7.87%).

2021 Avg (March) 0.0281
2020 Avg (March) 0.0305

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0280 0.0274 0.0279
February 0.0282 0.0272 0.0279
March 0.0286 0.0275 0.0281
April 0.0283 0.0270 0.0275
May 0.0281 0.0274 0.0278
June 0.0280 0.0277 0.0279
July 0.0281 0.0277 0.0279
August 0.0286 0.0278 0.0282
September 0.0286 0.0281 0.0284
October 0.0286 0.0276 0.0279
November 0.0285 0.0276 0.0282
December 0.0285 0.0279 0.0282