YEARLY HIGH
0.9284 FJD
YEARLY LOW
0.8850 FJD
YEARLY AVERAGE
0.9091 FJD

2017 TOP to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TOP to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 0.9284. Conversely, the yearly low was recorded on May 6, dropping to 0.8850.

This high-to-low spread represents a total annual volatility of 0.0433 FJD. From a start-to-finish perspective, comparing the January average rate of 0.9048 to the December average rate of 0.9026, the exchange rate registered a net change of -0.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.9284 was down 4.20% compared to the 2016 peak of 0.9691, 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 4,642 FJD
2016 Average 4,632 FJD
Yearly Trough Low 4,425 FJD
Transaction Impact: A difference of 216.60 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.9169
0.9013
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 0.9071, compared to 0.9110 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 0.9071
H2 Avg (Jul–Dec) 0.9110

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0351 FJD (High: 0.9271 / Low: 0.8919). On the other end, April was the most stable month, with a tight range of 0.0128 FJD (High: 0.9139 / Low: 0.9012).

March Spread (Volatile) ±0.0351
April Spread (Stable) ±0.0128

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 November and December, when the average rate fell by 0.0104 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0104

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2017: 0.9151) against the same month in 2016 (average: 0.9262), the exchange rate shifted by -0.0112 (-1.21%).

2017 Avg (October) 0.9151
2016 Avg (October) 0.9262

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9201 0.8964 0.9048
February 0.9214 0.8899 0.9109
March 0.9271 0.8919 0.9085
April 0.9139 0.9012 0.9075
May 0.9161 0.8850 0.9046
June 0.9134 0.8987 0.9062
July 0.9166 0.9011 0.9082
August 0.9275 0.9044 0.9156
September 0.9264 0.9056 0.9118
October 0.9284 0.9061 0.9151
November 0.9237 0.9005 0.9129
December 0.9096 0.8916 0.9026