YEARLY HIGH
7.8055 TRY
YEARLY LOW
3.4209 TRY
YEARLY AVERAGE
4.2840 TRY

2021 FJD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FJD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 7.8055. Conversely, the yearly low was recorded on February 17, dropping to 3.4209.

This high-to-low spread represents a total annual volatility of 4.3846 TRY. From a start-to-finish perspective, comparing the January average rate of 3.6345 to the December average rate of 6.3193, the exchange rate registered a net change of 73.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 7.8055 was up 95.37% compared to the 2020 peak of 3.9952, 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 39,028 TRY
2020 Average 16,237 TRY
Yearly Trough Low 17,105 TRY
Transaction Impact: A difference of 21,922.86 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

6.6012
3.2188
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 3.8723, compared to 4.6957 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8233 points.

H1 Avg (Jan–Jun) 3.8723
H2 Avg (Jul–Dec) 4.6957

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 2.7866 TRY (High: 7.8055 / Low: 5.0189). On the other end, January was the most stable month, with a tight range of 0.1141 TRY (High: 3.6822 / Low: 3.5682).

December Spread (Volatile) ±2.7866
January Spread (Stable) ±0.1141

Growth Streaks & Declines

Trends

Between February and June, 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 January and February, when the average rate fell by 0.1338 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1338

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 6.3193) against the same month in 2020 (average: 3.7450), the exchange rate shifted by +2.5743 (+68.74%).

2021 Avg (December) 6.3193
2020 Avg (December) 3.7450

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.6822 3.5682 3.6345
February 3.7074 3.4209 3.5007
March 4.0214 3.5633 3.7617
April 4.1230 3.9275 3.9949
May 4.2243 4.0579 4.1301
June 4.2599 4.0939 4.2122
July 4.1966 4.0561 4.1316
August 4.1627 3.9708 4.0519
September 4.2449 3.9810 4.1074
October 4.6836 4.1787 4.4214
November 6.3439 4.6161 5.1423
December 7.8055 5.0189 6.3193