YEARLY HIGH
0.0179 FJD
YEARLY LOW
0.0170 FJD
YEARLY AVERAGE
0.0175 FJD

2021 NPR to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NPR to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 0.0179. Conversely, the yearly low was recorded on April 21, dropping to 0.0170.

This high-to-low spread represents a total annual volatility of 0.0009 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0174 to the December average rate of 0.0177, the exchange rate registered a net change of 1.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0179 was down 9.17% compared to the 2020 peak of 0.0198, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 90 FJD
2020 Average 92 FJD
Yearly Trough Low 85 FJD
Transaction Impact: A difference of 4.73 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0178
0.0172
JanuMarcMayJulySeptNove

NPR 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 0.0174, compared to 0.0176 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0174
H2 Avg (Jul–Dec) 0.0176

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0007 FJD (High: 0.0179 / Low: 0.0172). On the other end, June was the most stable month, with a tight range of 0.0002 FJD (High: 0.0175 / Low: 0.0173).

March Spread (Volatile) ±0.0007
June Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0004 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2021: 0.0176) against the same month in 2020 (average: 0.0178), the exchange rate shifted by -0.0002 (-1.08%).

2021 Avg (August) 0.0176
2020 Avg (August) 0.0178

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0176 0.0171 0.0174
February 0.0176 0.0171 0.0175
March 0.0179 0.0172 0.0176
April 0.0177 0.0170 0.0172
May 0.0175 0.0170 0.0173
June 0.0175 0.0173 0.0174
July 0.0176 0.0174 0.0175
August 0.0179 0.0174 0.0176
September 0.0179 0.0176 0.0177
October 0.0179 0.0172 0.0175
November 0.0178 0.0173 0.0176
December 0.0179 0.0174 0.0177