YEARLY HIGH
15.6707 TRY
YEARLY LOW
13.3248 TRY
YEARLY AVERAGE
14.6187 TRY

2024 FJD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 15.6707. Conversely, the yearly low was recorded on January 10, dropping to 13.3248.

This high-to-low spread represents a total annual volatility of 2.3460 TRY. From a start-to-finish perspective, comparing the January average rate of 13.4739 to the December average rate of 15.1714, the exchange rate registered a net change of 12.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 15.6707 was up 16.22% compared to the 2023 peak of 13.4835, 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 78,354 TRY
2023 Average 53,348 TRY
Yearly Trough Low 66,624 TRY
Transaction Impact: A difference of 11,729.83 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

15.6252
13.2784
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 14.0825, compared to 15.1550 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0725 points.

H1 Avg (Jan–Jun) 14.0825
H2 Avg (Jul–Dec) 15.1550

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.8307 TRY (High: 15.4976 / Low: 14.6669). On the other end, April was the most stable month, with a tight range of 0.2260 TRY (High: 14.4060 / Low: 14.1800).

August Spread (Volatile) ±0.8307
April Spread (Stable) ±0.2260

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1313 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.1313

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 15.4297) against the same month in 2023 (average: 11.8939), the exchange rate shifted by +3.5358 (+29.73%).

2024 Avg (September) 15.4297
2023 Avg (September) 11.8939

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.6146 13.3248 13.4739
February 13.9136 13.5484 13.6971
March 14.4176 13.9547 14.2394
April 14.4060 14.1800 14.2789
May 14.4716 14.1764 14.3036
June 14.7359 14.2471 14.5019
July 14.8989 14.3693 14.6720
August 15.4976 14.6669 15.1098
September 15.6707 15.1679 15.4297
October 15.6008 15.0311 15.3391
November 15.3427 15.0122 15.2078
December 15.3324 15.0528 15.1714