YEARLY HIGH
0.5859 FJD
YEARLY LOW
0.5320 FJD
YEARLY AVERAGE
0.5602 FJD

2017 QAR to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the QAR to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.5859. Conversely, the yearly low was recorded on November 21, dropping to 0.5320.

This high-to-low spread represents a total annual volatility of 0.0539 FJD. From a start-to-finish perspective, comparing the January average rate of 0.5719 to the December average rate of 0.5629, the exchange rate registered a net change of -1.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5859 was down 2.21% compared to the 2016 peak of 0.5992, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,930 FJD
2016 Average 2,864 FJD
Yearly Trough Low 2,660 FJD
Transaction Impact: A difference of 269.59 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5785
0.5417
JanuMarcMayJulySeptNove

QAR 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 0.5694, compared to 0.5509 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0184 points.

H1 Avg (Jan–Jun) 0.5694
H2 Avg (Jul–Dec) 0.5509

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0401 FJD (High: 0.5722 / Low: 0.5320). On the other end, April was the most stable month, with a tight range of 0.0078 FJD (High: 0.5769 / Low: 0.5691).

November Spread (Volatile) ±0.0401
April Spread (Stable) ±0.0078

Growth Streaks & Declines

Trends

Between February and May, 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 0.0146 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0146

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.5719) against the same month in 2016 (average: 0.5914), the exchange rate shifted by -0.0195 (-3.30%).

2017 Avg (January) 0.5719
2016 Avg (January) 0.5914

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5859 0.5644 0.5719
February 0.5695 0.5603 0.5653
March 0.5774 0.5647 0.5704
April 0.5769 0.5691 0.5724
May 0.5810 0.5701 0.5754
June 0.5753 0.5404 0.5608
July 0.5628 0.5463 0.5539
August 0.5575 0.5444 0.5515
September 0.5503 0.5384 0.5449
October 0.5694 0.5370 0.5477
November 0.5722 0.5320 0.5447
December 0.5677 0.5578 0.5629