YEARLY HIGH
0.2921 FJD
YEARLY LOW
0.2628 FJD
YEARLY AVERAGE
0.2774 FJD

2011 MMK to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MMK to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 0.2921. Conversely, the yearly low was recorded on July 11, dropping to 0.2628.

This high-to-low spread represents a total annual volatility of 0.0293 FJD. From a start-to-finish perspective, comparing the January average rate of 0.2828 to the December average rate of 0.2826, the exchange rate registered a net change of -0.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.2921 was down 8.17% compared to the 2010 peak of 0.3181, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,460 FJD
2010 Average 1,481 FJD
Yearly Trough Low 1,314 FJD
Transaction Impact: A difference of 146.34 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.2843
0.2669
JanuMarcMayJulySeptNove

MMK 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 0.2775, compared to 0.2773 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) 0.2775
H2 Avg (Jul–Dec) 0.2773

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0263 FJD (High: 0.2921 / Low: 0.2658). On the other end, June was the most stable month, with a tight range of 0.0026 FJD (High: 0.2728 / Low: 0.2702).

October Spread (Volatile) ±0.0263
June Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.0082 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 0.2829) against the same month in 2010 (average: 0.2861), the exchange rate shifted by -0.0032 (-1.12%).

2011 Avg (October) 0.2829
2010 Avg (October) 0.2861

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2885 0.2793 0.2828
February 0.2845 0.2792 0.2826
March 0.2846 0.2782 0.2820
April 0.2781 0.2687 0.2738
May 0.2749 0.2679 0.2723
June 0.2728 0.2702 0.2712
July 0.2743 0.2628 0.2684
August 0.2762 0.2636 0.2707
September 0.2867 0.2702 0.2779
October 0.2921 0.2658 0.2829
November 0.2906 0.2709 0.2812
December 0.2869 0.2799 0.2826