2021 TOP to FJD Historical Review

YEARLY HIGH

0.9371 FJD

YEARLY LOW

0.8749 FJD

YEARLY AVERAGE

0.9130 FJD

2021 TOP to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TOP to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 0.9371. Conversely, the yearly low was recorded on February 24, dropping to 0.8749.

This high-to-low spread represents a total annual volatility of 0.0622 FJD. From a start-to-finish perspective, comparing the January average rate of 0.8926 to the December average rate of 0.9321, the exchange rate registered a net change of 4.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9371 was down 5.05% compared to the 2020 peak of 0.9869, 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 4,685 FJD

2020 Average 4,710 FJD

Yearly Trough Low 4,375 FJD

Transaction Impact: A difference of 310.84 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.9369

0.8794

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 0.8989, compared to 0.9271 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0282 points.

H1 Avg (Jan–Jun) 0.8989

H2 Avg (Jul–Dec) 0.9271

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0230 FJD (High: 0.9064 / Low: 0.8833). On the other end, December was the most stable month, with a tight range of 0.0091 FJD (High: 0.9371 / Low: 0.9280).

March Spread (Volatile) ±0.0230

December Spread (Stable) ±0.0091

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0084 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.9321) against the same month in 2020 (average: 0.9005), the exchange rate shifted by +0.0316 (+3.51%).

2021 Avg (December) 0.9321

2020 Avg (December) 0.9005

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9032	0.8866	0.8926
February	0.8920	0.8749	0.8842
March	0.9064	0.8833	0.8970
April	0.9059	0.8939	0.8999
May	0.9113	0.8946	0.9022
June	0.9227	0.9092	0.9175
July	0.9260	0.9159	0.9215
August	0.9296	0.9181	0.9245
September	0.9348	0.9224	0.9265
October	0.9339	0.9193	0.9279
November	0.9347	0.9244	0.9303
December	0.9371	0.9280	0.9321