YEARLY HIGH
0.0062 FJD
YEARLY LOW
0.0051 FJD
YEARLY AVERAGE
0.0060 FJD

2019 MRO to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MRO to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 18, valuing the pair at 0.0062. Conversely, the yearly low was recorded on September 15, dropping to 0.0051.

This high-to-low spread represents a total annual volatility of 0.0011 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0059 to the December average rate of 0.0061, the exchange rate registered a net change of 2.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0062 was down 39.99% compared to the 2018 peak of 0.0103, 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 31 FJD
2018 Average 29 FJD
Yearly Trough Low 26 FJD
Transaction Impact: A difference of 5.33 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0062
0.0059
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 0.0060, compared to 0.0061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0060
H2 Avg (Jul–Dec) 0.0061

Volatility Range Comparison

Volatility

The most volatile month in 2019 was September, with a trading range of 0.0010 FJD (High: 0.0062 / Low: 0.0051). On the other end, November was the most stable month, with a tight range of 0.0001 FJD (High: 0.0061 / Low: 0.0061).

September Spread (Volatile) ±0.0010
November Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between February and May, 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 November and December, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 0.0061) against the same month in 2018 (average: 0.0063), the exchange rate shifted by -0.0001 (-2.24%).

2019 Avg (October) 0.0061
2018 Avg (October) 0.0063

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0060 0.0059 0.0059
February 0.0060 0.0059 0.0059
March 0.0060 0.0059 0.0060
April 0.0061 0.0059 0.0060
May 0.0061 0.0060 0.0060
June 0.0061 0.0060 0.0060
July 0.0061 0.0059 0.0060
August 0.0062 0.0061 0.0061
September 0.0062 0.0051 0.0061
October 0.0062 0.0061 0.0061
November 0.0061 0.0061 0.0061
December 0.0061 0.0060 0.0061