YEARLY HIGH
0.0198 FJD
YEARLY LOW
0.0173 FJD
YEARLY AVERAGE
0.0183 FJD

2020 NPR to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NPR to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.0198. Conversely, the yearly low was recorded on December 21, dropping to 0.0173.

This high-to-low spread represents a total annual volatility of 0.0025 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0190 to the December average rate of 0.0175, the exchange rate registered a net change of -8.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0198 was up 0.26% compared to the 2019 peak of 0.0197, 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
2019 Average 96 FJD
Yearly Trough Low 86 FJD
Transaction Impact: A difference of 12.40 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0194
0.0173
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 0.0188, compared to 0.0179 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0188
H2 Avg (Jul–Dec) 0.0179

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0012 FJD (High: 0.0198 / Low: 0.0185). On the other end, February was the most stable month, with a tight range of 0.0003 FJD (High: 0.0194 / Low: 0.0191).

March Spread (Volatile) ±0.0012
February Spread (Stable) ±0.0003

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 May and June, 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 (March 2020: 0.0191) against the same month in 2019 (average: 0.0191), the exchange rate shifted by -0.0000 (-0.14%).

2020 Avg (March) 0.0191
2019 Avg (March) 0.0191

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0192 0.0187 0.0190
February 0.0194 0.0191 0.0193
March 0.0198 0.0185 0.0191
April 0.0190 0.0184 0.0187
May 0.0187 0.0183 0.0185
June 0.0182 0.0178 0.0180
July 0.0181 0.0177 0.0179
August 0.0181 0.0176 0.0178
September 0.0183 0.0179 0.0181
October 0.0183 0.0179 0.0181
November 0.0181 0.0175 0.0177
December 0.0176 0.0173 0.0175