2022 TOP to FJD Historical Review

YEARLY HIGH

0.9588 FJD

YEARLY LOW

0.9134 FJD

YEARLY AVERAGE

0.9390 FJD

2022 TOP to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TOP to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.9588. Conversely, the yearly low was recorded on August 14, dropping to 0.9134.

This high-to-low spread represents a total annual volatility of 0.0454 FJD. From a start-to-finish perspective, comparing the January average rate of 0.9361 to the December average rate of 0.9410, the exchange rate registered a net change of 0.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.9588 was up 2.32% compared to the 2021 peak of 0.9371, 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 4,794 FJD

2021 Average 4,566 FJD

Yearly Trough Low 4,567 FJD

Transaction Impact: A difference of 226.98 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.9493

0.9278

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 0.9353, compared to 0.9428 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0074 points.

H1 Avg (Jan–Jun) 0.9353

H2 Avg (Jul–Dec) 0.9428

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.0362 FJD (High: 0.9496 / Low: 0.9134). On the other end, March was the most stable month, with a tight range of 0.0132 FJD (High: 0.9367 / Low: 0.9235).

August Spread (Volatile) ±0.0362

March Spread (Stable) ±0.0132

Growth Streaks & Declines

Trends

Between June and October, 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 February and March, when the average rate fell by 0.0124 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0124

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.9470) against the same month in 2021 (average: 0.9265), the exchange rate shifted by +0.0205 (+2.22%).

2022 Avg (September) 0.9470

2021 Avg (September) 0.9265

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9521	0.9262	0.9361
February	0.9471	0.9283	0.9420
March	0.9367	0.9235	0.9296
April	0.9471	0.9264	0.9326
May	0.9471	0.9237	0.9361
June	0.9442	0.9257	0.9356
July	0.9495	0.9348	0.9400
August	0.9496	0.9134	0.9403
September	0.9588	0.9361	0.9470
October	0.9555	0.9382	0.9475
November	0.9564	0.9325	0.9407
December	0.9489	0.9325	0.9410