YEARLY HIGH
0.5505 FJD
YEARLY LOW
0.3044 FJD
YEARLY AVERAGE
0.4426 FJD

2018 TRY to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TRY to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.5505. Conversely, the yearly low was recorded on August 13, dropping to 0.3044.

This high-to-low spread represents a total annual volatility of 0.2461 FJD. From a start-to-finish perspective, comparing the January average rate of 0.5359 to the December average rate of 0.3998, the exchange rate registered a net change of -25.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.5505 was down 8.58% compared to the 2017 peak of 0.6022, 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 27,524 FJD
2017 Average 28,269 FJD
Yearly Trough Low 15,220 FJD
Transaction Impact: A difference of 12,303.82 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.5558
0.3169
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 0.5021, compared to 0.3832 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1189 points.

H1 Avg (Jan–Jun) 0.5021
H2 Avg (Jul–Dec) 0.3832

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.1154 FJD (High: 0.4198 / Low: 0.3044). On the other end, February was the most stable month, with a tight range of 0.0077 FJD (High: 0.5367 / Low: 0.5291).

August Spread (Volatile) ±0.1154
February Spread (Stable) ±0.0077

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0814 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0814

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.5359) against the same month in 2017 (average: 0.5570), the exchange rate shifted by -0.0211 (-3.79%).

2018 Avg (January) 0.5359
2017 Avg (January) 0.5570

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5505 0.5245 0.5359
February 0.5367 0.5291 0.5332
March 0.5345 0.5093 0.5216
April 0.5156 0.4869 0.5024
May 0.5044 0.4336 0.4703
June 0.4606 0.4378 0.4491
July 0.4608 0.4269 0.4398
August 0.4198 0.3044 0.3584
September 0.3554 0.3191 0.3368
October 0.3932 0.3464 0.3694
November 0.4088 0.3870 0.3951
December 0.4066 0.3891 0.3998