YEARLY HIGH
0.0203 FJD
YEARLY LOW
0.0190 FJD
YEARLY AVERAGE
0.0194 FJD

2016 NPR to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NPR to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.0203. Conversely, the yearly low was recorded on June 25, dropping to 0.0190.

This high-to-low spread represents a total annual volatility of 0.0013 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0200 to the December average rate of 0.0194, the exchange rate registered a net change of -3.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0203 was down 3.31% compared to the 2015 peak of 0.0210, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 101 FJD
2015 Average 102 FJD
Yearly Trough Low 95 FJD
Transaction Impact: A difference of 6.46 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0201
0.0191
JanuMarcMayJulySeptNove

NPR 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 0.0196, compared to 0.0192 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) 0.0196
H2 Avg (Jul–Dec) 0.0192

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0006 FJD (High: 0.0199 / Low: 0.0192). On the other end, September was the most stable month, with a tight range of 0.0002 FJD (High: 0.0193 / Low: 0.0191).

February Spread (Volatile) ±0.0006
September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0200) against the same month in 2015 (average: 0.0201), the exchange rate shifted by -0.0001 (-0.47%).

2016 Avg (January) 0.0200
2015 Avg (January) 0.0201

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0203 0.0198 0.0200
February 0.0199 0.0192 0.0196
March 0.0197 0.0194 0.0196
April 0.0196 0.0192 0.0194
May 0.0198 0.0194 0.0196
June 0.0196 0.0190 0.0193
July 0.0193 0.0190 0.0192
August 0.0194 0.0190 0.0192
September 0.0193 0.0191 0.0192
October 0.0194 0.0192 0.0193
November 0.0194 0.0190 0.0192
December 0.0197 0.0191 0.0194