YEARLY HIGH
3.2852 TRY
YEARLY LOW
1.8166 TRY
YEARLY AVERAGE
2.3178 TRY

2018 FJD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the FJD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 3.2852. Conversely, the yearly low was recorded on January 6, dropping to 1.8166.

This high-to-low spread represents a total annual volatility of 1.4686 TRY. From a start-to-finish perspective, comparing the January average rate of 1.8665 to the December average rate of 2.5018, the exchange rate registered a net change of 34.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 3.2852 was up 71.29% compared to the 2017 peak of 1.9180, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 FJD based on timing:

Yearly Peak High 16,426 TRY
2017 Average 8,854 TRY
Yearly Trough Low 9,083 TRY
Transaction Impact: A difference of 7,342.80 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

3.0827
1.7559
JanuMarcMayJulySeptNove

FJD to TRY 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 2.0013, compared to 2.6343 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6330 points.

H1 Avg (Jan–Jun) 2.0013
H2 Avg (Jul–Dec) 2.6343

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.9031 TRY (High: 3.2852 / Low: 2.3821). On the other end, February was the most stable month, with a tight range of 0.0270 TRY (High: 1.8901 / Low: 1.8631).

August Spread (Volatile) ±0.9031
February Spread (Stable) ±0.0270

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.2607 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.2607

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 2.8138) against the same month in 2017 (average: 1.7381), the exchange rate shifted by +1.0757 (+61.89%).

2018 Avg (August) 2.8138
2017 Avg (August) 1.7381

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9064 1.8166 1.8665
February 1.8901 1.8631 1.8754
March 1.9637 1.8708 1.9177
April 2.0539 1.9393 1.9908
May 2.3064 1.9826 2.1301
June 2.2841 2.1710 2.2275
July 2.3425 2.1699 2.2748
August 3.2852 2.3821 2.8138
September 3.1341 2.8136 2.9722
October 2.8871 2.5433 2.7114
November 2.5840 2.4461 2.5317
December 2.5703 2.4594 2.5018