FJD Market Update
22 Jun 2026 • 00:40 GMT
The Fiji dollar (FJD) has recently slipped to 60-day lows against the US dollar, trading near 0.4453. This is about 1.4% below its three-month average of 0.4515. The decline comes amid broad dollar strength seen this week, supported by geopolitical concerns and expectations of the Federal Reserve keeping interest rates higher for longer.
While the FJD has been quite stable against most major currencies, the recent dollar weakness has contributed to the FJD's softening against the USD. Conversely, the FJD remains close to its average levels versus the euro, yen, and Australian dollar, which have seen little change recently.
For now, the FJD's recent move reflects general USD strength rather than any specific local developments. The Fijian economy's positive growth forecast and stable inflation outlook suggest underlying resilience. However, ongoing geopolitical tensions and global monetary policy shifts are worth monitoring, as they could influence the FJD’s exchange rate in the coming months.