YEARLY HIGH
0.5885 FJD
YEARLY LOW
0.5501 FJD
YEARLY AVERAGE
0.5676 FJD

2021 QAR to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the QAR to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 0.5885. Conversely, the yearly low was recorded on February 24, dropping to 0.5501.

This high-to-low spread represents a total annual volatility of 0.0384 FJD. From a start-to-finish perspective, comparing the January average rate of 0.5590 to the December average rate of 0.5849, the exchange rate registered a net change of 4.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5885 was down 9.36% compared to the 2020 peak of 0.6493, 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 2,943 FJD
2020 Average 2,978 FJD
Yearly Trough Low 2,750 FJD
Transaction Impact: A difference of 192.12 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5876
0.5547
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 0.5603, compared to 0.5750 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0148 points.

H1 Avg (Jan–Jun) 0.5603
H2 Avg (Jul–Dec) 0.5750

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0225 FJD (High: 0.5851 / Low: 0.5626). On the other end, May was the most stable month, with a tight range of 0.0042 FJD (High: 0.5603 / Low: 0.5561).

September Spread (Volatile) ±0.0225
May Spread (Stable) ±0.0042

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 0.0049 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.5849) against the same month in 2020 (average: 0.5648), the exchange rate shifted by +0.0201 (+3.56%).

2021 Avg (December) 0.5849
2020 Avg (December) 0.5648

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5620 0.5532 0.5590
February 0.5644 0.5501 0.5574
March 0.5700 0.5539 0.5616
April 0.5697 0.5559 0.5627
May 0.5603 0.5561 0.5578
June 0.5675 0.5570 0.5630
July 0.5740 0.5601 0.5706
August 0.5809 0.5625 0.5721
September 0.5851 0.5626 0.5717
October 0.5824 0.5669 0.5741
November 0.5851 0.5679 0.5767
December 0.5885 0.5817 0.5849