YEARLY HIGH
0.9691 FJD
YEARLY LOW
0.9016 FJD
YEARLY AVERAGE
0.9264 FJD

2016 TOP to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TOP to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.9691. Conversely, the yearly low was recorded on July 25, dropping to 0.9016.

This high-to-low spread represents a total annual volatility of 0.0675 FJD. From a start-to-finish perspective, comparing the January average rate of 0.9548 to the December average rate of 0.9234, the exchange rate registered a net change of -3.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.9691 was down 6.43% compared to the 2015 peak of 1.0357, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,845 FJD
2015 Average 4,933 FJD
Yearly Trough Low 4,508 FJD
Transaction Impact: A difference of 337.49 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.9595
0.9032
JanuMarcMayJulySeptNove

TOP 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 0.9351, compared to 0.9177 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0174 points.

H1 Avg (Jan–Jun) 0.9351
H2 Avg (Jul–Dec) 0.9177

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0389 FJD (High: 0.9549 / Low: 0.9160). On the other end, September was the most stable month, with a tight range of 0.0068 FJD (High: 0.9149 / Low: 0.9081).

February Spread (Volatile) ±0.0389
September Spread (Stable) ±0.0068

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 January and February, when the average rate fell by 0.0169 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0169

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.9548) against the same month in 2015 (average: 1.0118), the exchange rate shifted by -0.0569 (-5.63%).

2016 Avg (January) 0.9548
2015 Avg (January) 1.0118

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9691 0.9346 0.9548
February 0.9549 0.9160 0.9379
March 0.9397 0.9201 0.9296
April 0.9350 0.9181 0.9279
May 0.9394 0.9244 0.9333
June 0.9371 0.9119 0.9269
July 0.9196 0.9016 0.9108
August 0.9173 0.9036 0.9079
September 0.9149 0.9081 0.9113
October 0.9350 0.9089 0.9262
November 0.9416 0.9067 0.9263
December 0.9414 0.9093 0.9234