YEARLY HIGH
0.2923 FJD
YEARLY LOW
0.1281 FJD
YEARLY AVERAGE
0.2394 FJD

2021 TRY to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 17, valuing the pair at 0.2923. Conversely, the yearly low was recorded on December 19, dropping to 0.1281.

This high-to-low spread represents a total annual volatility of 0.1642 FJD. From a start-to-finish perspective, comparing the January average rate of 0.2752 to the December average rate of 0.1603, the exchange rate registered a net change of -41.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2923 was down 20.87% compared to the 2020 peak of 0.3694, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 14,616 FJD
2020 Average 15,610 FJD
Yearly Trough Low 6,406 FJD
Transaction Impact: A difference of 8,210.14 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2984
0.1477
JanuMarcMayJulySeptNove

TRY to FJD 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: JanтАУJun) was 0.2595, compared to 0.2193 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0402 points.

H1 Avg (JanтАУJun) 0.2595
H2 Avg (JulтАУDec) 0.2193

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0711 FJD (High: 0.1992 / Low: 0.1281). On the other end, July was the most stable month, with a tight range of 0.0083 FJD (High: 0.2465 / Low: 0.2383).

December Spread (Volatile) ┬▒0.0711
July Spread (Stable) ┬▒0.0083

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0361 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0361

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.2858) against the same month in 2020 (average: 0.3630), the exchange rate shifted by -0.0772 (-21.27%).

2021 Avg (February) 0.2858
2020 Avg (February) 0.3630

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 0.2803 0.2716 0.2752
February 0.2923 0.2697 0.2858
March 0.2806 0.2487 0.2662
April 0.2546 0.2425 0.2504
May 0.2464 0.2367 0.2422
June 0.2443 0.2347 0.2374
July 0.2465 0.2383 0.2421
August 0.2518 0.2402 0.2469
September 0.2512 0.2356 0.2436
October 0.2393 0.2135 0.2265
November 0.2166 0.1576 0.1964
December 0.1992 0.1281 0.1603