YEARLY HIGH
0.0197 FJD
YEARLY LOW
0.0162 FJD
YEARLY AVERAGE
0.0191 FJD

2019 NPR to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NPR to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.0197. Conversely, the yearly low was recorded on September 15, dropping to 0.0162.

This high-to-low spread represents a total annual volatility of 0.0035 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0188 to the December average rate of 0.0190, the exchange rate registered a net change of 1.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0197 was down 2.71% compared to the 2018 peak of 0.0202, 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 99 FJD
2018 Average 95 FJD
Yearly Trough Low 81 FJD
Transaction Impact: A difference of 17.74 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0196
0.0186
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 0.0191, compared to 0.0192 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) 0.0191
H2 Avg (Jul–Dec) 0.0192

Volatility Range Comparison

Volatility

The most volatile month in 2019 was September, with a trading range of 0.0033 FJD (High: 0.0194 / Low: 0.0162). On the other end, June was the most stable month, with a tight range of 0.0002 FJD (High: 0.0195 / Low: 0.0193).

September Spread (Volatile) ±0.0033
June Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0003 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.0192) against the same month in 2018 (average: 0.0190), the exchange rate shifted by +0.0002 (+1.22%).

2019 Avg (August) 0.0192
2018 Avg (August) 0.0190

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0193 0.0184 0.0188
February 0.0189 0.0184 0.0187
March 0.0194 0.0188 0.0191
April 0.0193 0.0191 0.0192
May 0.0195 0.0191 0.0193
June 0.0195 0.0193 0.0194
July 0.0197 0.0193 0.0195
August 0.0197 0.0189 0.0192
September 0.0194 0.0162 0.0191
October 0.0194 0.0192 0.0193
November 0.0193 0.0189 0.0191
December 0.0192 0.0188 0.0190