YEARLY HIGH
3.1243 TRY
YEARLY LOW
2.4586 TRY
YEARLY AVERAGE
2.6361 TRY

2019 FJD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the FJD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 15, valuing the pair at 3.1243. Conversely, the yearly low was recorded on February 8, dropping to 2.4586.

This high-to-low spread represents a total annual volatility of 0.6657 TRY. From a start-to-finish perspective, comparing the January average rate of 2.5238 to the December average rate of 2.7033, the exchange rate registered a net change of 7.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 3.1243 was down 4.90% compared to the 2018 peak of 3.2852, 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 15,621 TRY
2018 Average 11,601 TRY
Yearly Trough Low 12,293 TRY
Transaction Impact: A difference of 3,328.58 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.8275
2.4544
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 2.6314, compared to 2.6408 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0094 points.

H1 Avg (Jan–Jun) 2.6314
H2 Avg (Jul–Dec) 2.6408

Volatility Range Comparison

Volatility

The most volatile month in 2019 was September, with a trading range of 0.5551 TRY (High: 3.1243 / Low: 2.5692). On the other end, November was the most stable month, with a tight range of 0.0463 TRY (High: 2.6481 / Low: 2.6018).

September Spread (Volatile) ±0.5551
November Spread (Stable) ±0.0463

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0936 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0936

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 2.6325) against the same month in 2018 (average: 2.9722), the exchange rate shifted by -0.3397 (-11.43%).

2019 Avg (September) 2.6325
2018 Avg (September) 2.9722

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5920 2.4676 2.5238
February 2.5151 2.4586 2.4855
March 2.7120 2.5231 2.5767
April 2.7817 2.5964 2.7031
May 2.8555 2.6960 2.7964
June 2.7417 2.6541 2.7029
July 2.6826 2.5815 2.6485
August 2.6738 2.5252 2.5947
September 3.1243 2.5692 2.6325
October 2.6964 2.5983 2.6407
November 2.6481 2.6018 2.6251
December 2.7739 2.6235 2.7033