2018 TOP to FJD Historical Review

YEARLY HIGH

0.9434 FJD

YEARLY LOW

0.8906 FJD

YEARLY AVERAGE

0.9162 FJD

2018 TOP to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TOP to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.9434. Conversely, the yearly low was recorded on January 21, dropping to 0.8906.

This high-to-low spread represents a total annual volatility of 0.0528 FJD. From a start-to-finish perspective, comparing the January average rate of 0.8993 to the December average rate of 0.9323, the exchange rate registered a net change of 3.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.9434 was up 1.62% compared to the 2017 peak of 0.9284, 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 4,717 FJD

2017 Average 4,545 FJD

Yearly Trough Low 4,453 FJD

Transaction Impact: A difference of 263.91 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.9356

0.8960

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 0.9116, compared to 0.9208 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0092 points.

H1 Avg (Jan–Jun) 0.9116

H2 Avg (Jul–Dec) 0.9208

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0392 FJD (High: 0.9433 / Low: 0.9041). On the other end, July was the most stable month, with a tight range of 0.0121 FJD (High: 0.9136 / Low: 0.9015).

May Spread (Volatile) ±0.0392

July Spread (Stable) ±0.0121

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0086 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0086

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.9323) against the same month in 2017 (average: 0.9026), the exchange rate shifted by +0.0297 (+3.29%).

2018 Avg (December) 0.9323

2017 Avg (December) 0.9026

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9113	0.8906	0.8993
February	0.9181	0.9022	0.9116
March	0.9192	0.9041	0.9131
April	0.9305	0.9079	0.9177
May	0.9433	0.9041	0.9183
June	0.9172	0.8996	0.9096
July	0.9136	0.9015	0.9062
August	0.9242	0.9041	0.9134
September	0.9273	0.9116	0.9196
October	0.9367	0.9176	0.9305
November	0.9371	0.9164	0.9230
December	0.9434	0.9155	0.9323