YEARLY HIGH
0.0103 FJD
YEARLY LOW
0.0056 FJD
YEARLY AVERAGE
0.0059 FJD

2018 MRO to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MRO to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 0.0103. Conversely, the yearly low was recorded on February 1, dropping to 0.0056.

This high-to-low spread represents a total annual volatility of 0.0047 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0057 to the December average rate of 0.0059, the exchange rate registered a net change of 4.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0103 was up 73.60% compared to the 2017 peak of 0.0059, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 52 FJD
2017 Average 29 FJD
Yearly Trough Low 28 FJD
Transaction Impact: A difference of 23.58 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0063
0.0056
JanuMarcMayJulySeptNove

MRO 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 0.0058, compared to 0.0060 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0058
H2 Avg (Jul–Dec) 0.0060

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0044 FJD (High: 0.0103 / Low: 0.0059). On the other end, May was the most stable month, with a tight range of 0.0001 FJD (High: 0.0059 / Low: 0.0058).

October Spread (Volatile) ±0.0044
May Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0004 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.0063) against the same month in 2017 (average: 0.0057), the exchange rate shifted by +0.0006 (+10.80%).

2018 Avg (October) 0.0063
2017 Avg (October) 0.0057

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0058 0.0056 0.0057
February 0.0057 0.0056 0.0057
March 0.0058 0.0057 0.0057
April 0.0058 0.0057 0.0057
May 0.0059 0.0058 0.0058
June 0.0059 0.0058 0.0058
July 0.0059 0.0058 0.0059
August 0.0060 0.0059 0.0059
September 0.0060 0.0059 0.0059
October 0.0103 0.0059 0.0063
November 0.0060 0.0059 0.0059
December 0.0060 0.0059 0.0059