YEARLY HIGH
8.5311 TRY
YEARLY LOW
6.1376 TRY
YEARLY AVERAGE
7.5512 TRY

2022 FJD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the FJD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 8.5311. Conversely, the yearly low was recorded on January 3, dropping to 6.1376.

This high-to-low spread represents a total annual volatility of 2.3935 TRY. From a start-to-finish perspective, comparing the January average rate of 6.3523 to the December average rate of 8.4473, the exchange rate registered a net change of 32.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 8.5311 was up 9.30% compared to the 2021 peak of 7.8055, 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 42,655 TRY
2021 Average 21,448 TRY
Yearly Trough Low 30,688 TRY
Transaction Impact: A difference of 11,967.38 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

8.6568
6.1428
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 6.9367, compared to 8.1658 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2292 points.

H1 Avg (Jan–Jun) 6.9367
H2 Avg (Jul–Dec) 8.1658

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.8384 TRY (High: 7.6580 / Low: 6.8195). On the other end, December was the most stable month, with a tight range of 0.1813 TRY (High: 8.5311 / Low: 8.3497).

May Spread (Volatile) ±0.8384
December Spread (Stable) ±0.1813

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0899 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0899

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 8.4473) against the same month in 2021 (average: 6.3193), the exchange rate shifted by +2.1279 (+33.67%).

2022 Avg (December) 8.4473
2021 Avg (December) 6.3193

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.5013 6.1376 6.3523
February 6.6111 6.2378 6.3897
March 7.1239 6.5334 6.9461
April 7.0712 6.8431 6.9520
May 7.6580 6.8195 7.1838
June 7.9633 7.5336 7.7960
July 8.2008 7.6200 7.8967
August 8.4751 8.1114 8.1999
September 8.2332 7.9263 8.1100
October 8.1705 7.9552 8.0532
November 8.4564 8.0512 8.2879
December 8.5311 8.3497 8.4473