YEARLY HIGH
0.0149 FJD
YEARLY LOW
0.0125 FJD
YEARLY AVERAGE
0.0134 FJD

2020 PKR to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PKR to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.0149. Conversely, the yearly low was recorded on August 8, dropping to 0.0125.

This high-to-low spread represents a total annual volatility of 0.0024 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0140 to the December average rate of 0.0128, the exchange rate registered a net change of -8.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0149 was down 3.41% compared to the 2019 peak of 0.0154, 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 7,453 FJD
2019 Average 7,192 FJD
Yearly Trough Low 6,270 FJD
Transaction Impact: A difference of 1,182.85 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0145
0.0125
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 0.0139, compared to 0.0129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0139
H2 Avg (Jul–Dec) 0.0129

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0012 FJD (High: 0.0149 / Low: 0.0137). On the other end, August was the most stable month, with a tight range of 0.0002 FJD (High: 0.0128 / Low: 0.0125).

March Spread (Volatile) ±0.0012
August Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between August and November, 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 May and June, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0144) against the same month in 2019 (average: 0.0152), the exchange rate shifted by -0.0009 (-5.66%).

2020 Avg (March) 0.0144
2019 Avg (March) 0.0152

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0142 0.0138 0.0140
February 0.0144 0.0142 0.0143
March 0.0149 0.0137 0.0144
April 0.0142 0.0135 0.0138
May 0.0142 0.0136 0.0140
June 0.0135 0.0129 0.0132
July 0.0130 0.0127 0.0128
August 0.0128 0.0125 0.0127
September 0.0130 0.0127 0.0128
October 0.0133 0.0129 0.0131
November 0.0135 0.0130 0.0132
December 0.0130 0.0127 0.0128