YEARLY HIGH
0.6022 FJD
YEARLY LOW
0.5214 FJD
YEARLY AVERAGE
0.5654 FJD

2017 TRY to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TRY to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.6022. Conversely, the yearly low was recorded on November 25, dropping to 0.5214.

This high-to-low spread represents a total annual volatility of 0.0808 FJD. From a start-to-finish perspective, comparing the January average rate of 0.5570 to the December average rate of 0.5380, the exchange rate registered a net change of -3.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.6022 was down 18.43% compared to the 2016 peak of 0.7382, 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 30,108 FJD
2016 Average 34,598 FJD
Yearly Trough Low 26,069 FJD
Transaction Impact: A difference of 4,038.06 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5928
0.5271
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 0.5715, compared to 0.5592 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0123 points.

H1 Avg (Jan–Jun) 0.5715
H2 Avg (Jul–Dec) 0.5592

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0721 FJD (High: 0.6022 / Low: 0.5300). On the other end, May was the most stable month, with a tight range of 0.0152 FJD (High: 0.5951 / Low: 0.5799).

January Spread (Volatile) ±0.0721
May Spread (Stable) ±0.0152

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0247 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0247

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.5570) against the same month in 2016 (average: 0.7177), the exchange rate shifted by -0.1607 (-22.39%).

2017 Avg (January) 0.5570
2016 Avg (January) 0.7177

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6022 0.5300 0.5570
February 0.5780 0.5487 0.5621
March 0.5748 0.5561 0.5657
April 0.5894 0.5569 0.5712
May 0.5951 0.5799 0.5873
June 0.5933 0.5767 0.5859
July 0.5806 0.5647 0.5712
August 0.5925 0.5634 0.5755
September 0.5903 0.5682 0.5813
October 0.5721 0.5430 0.5566
November 0.5464 0.5214 0.5326
December 0.5460 0.5288 0.5380