YEARLY HIGH
0.3694 FJD
YEARLY LOW
0.2503 FJD
YEARLY AVERAGE
0.3123 FJD

2020 TRY to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 0.3694. Conversely, the yearly low was recorded on November 5, dropping to 0.2503.

This high-to-low spread represents a total annual volatility of 0.1191 FJD. From a start-to-finish perspective, comparing the January average rate of 0.3656 to the December average rate of 0.2671, the exchange rate registered a net change of -26.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3694 was down 9.18% compared to the 2019 peak of 0.4067, 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 18,470 FJD
2019 Average 18,984 FJD
Yearly Trough Low 12,515 FJD
Transaction Impact: A difference of 5,954.50 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3757
0.2541
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 0.3436, compared to 0.2810 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0626 points.

H1 Avg (Jan–Jun) 0.3436
H2 Avg (Jul–Dec) 0.2810

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0274 FJD (High: 0.2777 / Low: 0.2503). On the other end, January was the most stable month, with a tight range of 0.0091 FJD (High: 0.3694 / Low: 0.3603).

November Spread (Volatile) ±0.0274
January Spread (Stable) ±0.0091

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0264 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0264

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.3656) against the same month in 2019 (average: 0.3963), the exchange rate shifted by -0.0307 (-7.75%).

2020 Avg (January) 0.3656
2019 Avg (January) 0.3963

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3694 0.3603 0.3656
February 0.3669 0.3552 0.3630
March 0.3639 0.3447 0.3583
April 0.3448 0.3180 0.3319
May 0.3313 0.3136 0.3236
June 0.3254 0.3162 0.3194
July 0.3168 0.3041 0.3125
August 0.3074 0.2857 0.2924
September 0.2853 0.2719 0.2814
October 0.2747 0.2564 0.2685
November 0.2777 0.2503 0.2643
December 0.2771 0.2611 0.2671