YEARLY HIGH
1.9180 TRY
YEARLY LOW
1.6607 TRY
YEARLY AVERAGE
1.7707 TRY

2017 FJD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the FJD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 1.9180. Conversely, the yearly low was recorded on January 2, dropping to 1.6607.

This high-to-low spread represents a total annual volatility of 0.2572 TRY. From a start-to-finish perspective, comparing the January average rate of 1.7976 to the December average rate of 1.8589, the exchange rate registered a net change of 3.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.9180 was up 13.22% compared to the 2016 peak of 1.6940, 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 9,590 TRY
2016 Average 7,252 TRY
Yearly Trough Low 8,304 TRY
Transaction Impact: A difference of 1,286.19 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.8955
1.6852
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 1.7509, compared to 1.7905 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0396 points.

H1 Avg (Jan–Jun) 1.7509
H2 Avg (Jul–Dec) 1.7905

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.2260 TRY (High: 1.8867 / Low: 1.6607). On the other end, May was the most stable month, with a tight range of 0.0439 TRY (High: 1.7243 / Low: 1.6804).

January Spread (Volatile) ±0.2260
May Spread (Stable) ±0.0439

Growth Streaks & Declines

Trends

Between May and July, 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 April and May, when the average rate fell by 0.0484 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0484

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 1.8780) against the same month in 2016 (average: 1.5881), the exchange rate shifted by +0.2899 (+18.25%).

2017 Avg (November) 1.8780
2016 Avg (November) 1.5881

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8867 1.6607 1.7976
February 1.8224 1.7301 1.7793
March 1.7981 1.7397 1.7680
April 1.7957 1.6966 1.7511
May 1.7243 1.6804 1.7027
June 1.7341 1.6855 1.7068
July 1.7710 1.7224 1.7507
August 1.7750 1.6878 1.7381
September 1.7599 1.6940 1.7204
October 1.8417 1.7478 1.7968
November 1.9180 1.8303 1.8780
December 1.8911 1.8316 1.8589