YEARLY HIGH
0.0152 FJD
YEARLY LOW
0.0137 FJD
YEARLY AVERAGE
0.0143 FJD

2016 LKR to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the LKR to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.0152. Conversely, the yearly low was recorded on November 4, dropping to 0.0137.

This high-to-low spread represents a total annual volatility of 0.0014 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0150 to the December average rate of 0.0141, the exchange rate registered a net change of -5.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0152 was down 6.12% compared to the 2015 peak of 0.0161, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 76 FJD
2015 Average 77 FJD
Yearly Trough Low 69 FJD
Transaction Impact: A difference of 7.02 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0150
0.0139
JanuMarcMayJulySeptNove

LKR 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 0.0145, compared to 0.0141 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0145
H2 Avg (Jul–Dec) 0.0141

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0009 FJD (High: 0.0147 / Low: 0.0139). On the other end, August was the most stable month, with a tight range of 0.0002 FJD (High: 0.0142 / Low: 0.0140).

March Spread (Volatile) ±0.0009
August Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0004 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0150) against the same month in 2015 (average: 0.0152), the exchange rate shifted by -0.0003 (-1.78%).

2016 Avg (January) 0.0150
2015 Avg (January) 0.0152

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0152 0.0148 0.0150
February 0.0150 0.0146 0.0148
March 0.0147 0.0139 0.0144
April 0.0144 0.0140 0.0142
May 0.0145 0.0141 0.0143
June 0.0144 0.0140 0.0142
July 0.0142 0.0140 0.0141
August 0.0142 0.0140 0.0141
September 0.0142 0.0140 0.0141
October 0.0141 0.0139 0.0140
November 0.0142 0.0137 0.0140
December 0.0143 0.0139 0.0141