YEARLY HIGH
0.0415 FJD
YEARLY LOW
0.0390 FJD
YEARLY AVERAGE
0.0402 FJD

2021 GMD to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GMD to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 0.0415. Conversely, the yearly low was recorded on January 9, dropping to 0.0390.

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 0.0394 to the December average rate of 0.0405, the exchange rate registered a net change of 2.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0415 was down 10.66% compared to the 2020 peak of 0.0465, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 207 FJD
2020 Average 211 FJD
Yearly Trough Low 195 FJD
Transaction Impact: A difference of 12.70 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0411
0.0393
JanuMarcMayJulySeptNove

GMD 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 0.0398, compared to 0.0405 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0398
H2 Avg (Jul–Dec) 0.0405

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 0.0014 FJD (High: 0.0411 / Low: 0.0397). On the other end, May was the most stable month, with a tight range of 0.0004 FJD (High: 0.0399 / Low: 0.0395).

October Spread (Volatile) ±0.0014
May Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and April, 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 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2021: 0.0409) against the same month in 2020 (average: 0.0411), the exchange rate shifted by -0.0001 (-0.35%).

2021 Avg (August) 0.0409
2020 Avg (August) 0.0411

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0397 0.0390 0.0394
February 0.0399 0.0391 0.0395
March 0.0405 0.0393 0.0399
April 0.0405 0.0396 0.0401
May 0.0399 0.0395 0.0397
June 0.0405 0.0396 0.0401
July 0.0409 0.0404 0.0407
August 0.0415 0.0405 0.0409
September 0.0411 0.0400 0.0406
October 0.0411 0.0397 0.0403
November 0.0407 0.0398 0.0402
December 0.0408 0.0403 0.0405