YEARLY HIGH
0.7382 FJD
YEARLY LOW
0.5903 FJD
YEARLY AVERAGE
0.6921 FJD

2016 TRY to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TRY to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.7382. Conversely, the yearly low was recorded on December 4, dropping to 0.5903.

This high-to-low spread represents a total annual volatility of 0.1478 FJD. From a start-to-finish perspective, comparing the January average rate of 0.7177 to the December average rate of 0.6004, the exchange rate registered a net change of -16.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.7382 was down 15.52% compared to the 2015 peak of 0.8738, 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 36,908 FJD
2015 Average 38,489 FJD
Yearly Trough Low 29,516 FJD
Transaction Impact: A difference of 7,392.30 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.7422
0.5875
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: Jan–Jun) was 0.7211, compared to 0.6631 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0580 points.

H1 Avg (Jan–Jun) 0.7211
H2 Avg (Jul–Dec) 0.6631

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0556 FJD (High: 0.6636 / Low: 0.6080). On the other end, March was the most stable month, with a tight range of 0.0129 FJD (High: 0.7323 / Low: 0.7195).

November Spread (Volatile) ±0.0556
March Spread (Stable) ±0.0129

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0400 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0400

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.7143) against the same month in 2015 (average: 0.7705), the exchange rate shifted by -0.0562 (-7.29%).

2016 Avg (May) 0.7143
2015 Avg (May) 0.7705

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7343 0.7013 0.7177
February 0.7343 0.7096 0.7249
March 0.7323 0.7195 0.7268
April 0.7379 0.7208 0.7293
May 0.7382 0.7068 0.7143
June 0.7260 0.7039 0.7137
July 0.7162 0.6758 0.6948
August 0.6986 0.6847 0.6926
September 0.6993 0.6827 0.6907
October 0.6852 0.6615 0.6701
November 0.6636 0.6080 0.6301
December 0.6125 0.5903 0.6004