YEARLY HIGH
0.4067 FJD
YEARLY LOW
0.3201 FJD
YEARLY AVERAGE
0.3798 FJD

2019 TRY to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TRY to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 8, valuing the pair at 0.4067. Conversely, the yearly low was recorded on September 15, dropping to 0.3201.

This high-to-low spread represents a total annual volatility of 0.0867 FJD. From a start-to-finish perspective, comparing the January average rate of 0.3963 to the December average rate of 0.3700, the exchange rate registered a net change of -6.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.4067 was down 26.11% compared to the 2018 peak of 0.5505, 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 20,337 FJD
2018 Average 22,107 FJD
Yearly Trough Low 16,004 FJD
Transaction Impact: A difference of 4,333.38 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.4068
0.3532
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 0.3808, compared to 0.3789 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.3808
H2 Avg (Jul–Dec) 0.3789

Volatility Range Comparison

Volatility

The most volatile month in 2019 was September, with a trading range of 0.0692 FJD (High: 0.3892 / Low: 0.3201). On the other end, November was the most stable month, with a tight range of 0.0067 FJD (High: 0.3843 / Low: 0.3776).

September Spread (Volatile) ±0.0692
November Spread (Stable) ±0.0067

Growth Streaks & Declines

Trends

Between May and August, 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 March and April, when the average rate fell by 0.0182 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0182

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 0.4024) against the same month in 2018 (average: 0.5332), the exchange rate shifted by -0.1309 (-24.54%).

2019 Avg (February) 0.4024
2018 Avg (February) 0.5332

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4053 0.3858 0.3963
February 0.4067 0.3976 0.4024
March 0.3963 0.3687 0.3882
April 0.3852 0.3595 0.3701
May 0.3709 0.3502 0.3576
June 0.3768 0.3647 0.3700
July 0.3874 0.3728 0.3776
August 0.3960 0.3740 0.3856
September 0.3892 0.3201 0.3803
October 0.3849 0.3709 0.3787
November 0.3843 0.3776 0.3809
December 0.3812 0.3605 0.3700