YEARLY HIGH
0.0208 FJD
YEARLY LOW
0.0194 FJD
YEARLY AVERAGE
0.0199 FJD

2016 PKR to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PKR to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.0208. Conversely, the yearly low was recorded on November 4, dropping to 0.0194.

This high-to-low spread represents a total annual volatility of 0.0014 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0205 to the December average rate of 0.0201, the exchange rate registered a net change of -2.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0208 was down 1.19% compared to the 2015 peak of 0.0210, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 10,395 FJD
2015 Average 10,168 FJD
Yearly Trough Low 9,719 FJD
Transaction Impact: A difference of 676.30 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0206
0.0195
JanuMarcMayJulySeptNove

PKR 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 0.0201, compared to 0.0197 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) 0.0201
H2 Avg (Jul–Dec) 0.0197

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0006 FJD (High: 0.0203 / Low: 0.0196). On the other end, September was the most stable month, with a tight range of 0.0003 FJD (High: 0.0198 / Low: 0.0195).

May Spread (Volatile) ±0.0006
September Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0004 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0205) against the same month in 2015 (average: 0.0199), the exchange rate shifted by +0.0006 (+3.23%).

2016 Avg (January) 0.0205
2015 Avg (January) 0.0199

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0208 0.0202 0.0205
February 0.0206 0.0202 0.0204
March 0.0204 0.0197 0.0200
April 0.0199 0.0195 0.0197
May 0.0203 0.0196 0.0201
June 0.0202 0.0197 0.0199
July 0.0198 0.0195 0.0197
August 0.0198 0.0195 0.0196
September 0.0198 0.0195 0.0196
October 0.0198 0.0195 0.0197
November 0.0201 0.0194 0.0198
December 0.0204 0.0198 0.0201