YEARLY HIGH
0.0033 FJD
YEARLY LOW
0.0028 FJD
YEARLY AVERAGE
0.0029 FJD

2016 MWK to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MWK to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0033. Conversely, the yearly low was recorded on February 22, dropping to 0.0028.

This high-to-low spread represents a total annual volatility of 0.0004 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0031 to the December average rate of 0.0029, the exchange rate registered a net change of -6.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0033 was down 32.85% compared to the 2015 peak of 0.0048, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16 FJD
2015 Average 21 FJD
Yearly Trough Low 14 FJD
Transaction Impact: A difference of 2.13 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0032
0.0028
JanuMarcMayJulySeptNove

MWK 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 0.0030, compared to 0.0029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0030
H2 Avg (Jul–Dec) 0.0029

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0003 FJD (High: 0.0033 / Low: 0.0029). On the other end, September was the most stable month, with a tight range of 0.0000 FJD (High: 0.0029 / Low: 0.0028).

January Spread (Volatile) ±0.0003
September Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between September and December, 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 January and February, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0031) against the same month in 2015 (average: 0.0043), the exchange rate shifted by -0.0012 (-27.97%).

2016 Avg (January) 0.0031
2015 Avg (January) 0.0043

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0033 0.0029 0.0031
February 0.0030 0.0028 0.0029
March 0.0031 0.0029 0.0030
April 0.0031 0.0030 0.0030
May 0.0031 0.0030 0.0030
June 0.0030 0.0029 0.0029
July 0.0029 0.0029 0.0029
August 0.0029 0.0028 0.0029
September 0.0029 0.0028 0.0029
October 0.0029 0.0028 0.0029
November 0.0029 0.0028 0.0029
December 0.0030 0.0029 0.0029